New Delhi: The idea of Vodafone, said that it would save more than RS 40,000 Crore through the telecommunications moratorium on payment of law, on Wednesday confirms that the company will “survive and develop” even when it remains “open and profitable” with a bailout proposal, which allows The government is to take minority equity in the company as a substitute for interest responsibilities in its contributions.
Ravinder Takkar, MD & CEO, Idea Vodafone, said the company will now begin to raise funds to Rs Tones 25,000 Crore because it looks investment in business and works towards network expansion and has the potential 5G.
Investment Replacement of funds and Capex will occur when companies increase tariffs in a “organic” way to work through ARPU (average income per user) of Rs 200 in the short term, and Rs 300 in the medium term.
It was Arpu Rs 104 in the last quarter reported.
“Announcement by the government literally is a game-changer, and we intend to start exercise replacement immediately,” said Takkar, added that the promoters “support” from this exercise
‘Open, profitable’ for Government Equity Plan: Voda IDE CEO
