target audience: TECH SUPPLIER Publication date: Nov 2022 - Document type: Market Note - Doc Document number: # AP47357221
Vodafone Idea Sells Stake to the Government of India
Content
List of Figures
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
Vodafone Idea Limited (VIL), India's third largest communications SP (CSP) recently sold a large equity stake to the government of India. At first glance, this looks to be an extremely regressive move, but in reality, there was no other choice available in the short term to stave off a likely default. Although significant headwinds persist, VIL has a window of opportunity now to get its house in order and secure its future viability as a major CSP in India's telecom sector.