Amazon/Verizon considering investing in Vodafone Idea

[socrates]

Verizon, Amazon may invest over $4 billion in Vodafone Idea: Report

US wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in beleaguered Indian telecom firm Vodafone Idea Ltd, India's Mint newspaper reported on Thursday, citing two unnamed people aware of the negotiations.

www.moneycontrol.com

A glimmer of hope

 

[Sloth]

Finally some good news. Monopoly would result in customers suffering.

 

[Sushubh]

man just yesterday i tweeted that bezos now has the chance. all his competitors have already bet on jio. his only chance now is to invest in vodafone and make it competitive. and maybe eventually merge with airtel.

 

[igloo]

No merger we need airtel n voda/idea seprately than jio. 3 operators are must. Mtnl/bsnl is non existant in big cities.

 

[igloo]

No investment proposals from Verizon, Amazon: Vodafone Idea

VIL to hold board meeting to evaluate proposals for fund-raising

www.thehindubusinessline.com

 

[anubhav11]

Vodafone Idea To Make Strategic Announcement On Monday

Source

 

---

[Sushubh]

 

[Sushubh]

 

[Tejas01]

And they call this strategic announcement.... I thought this was announcing revision of plans, if any.

 

[Sushubh]

Maybe idea would be dead finally with the new branding.