Amazon/Verizon considering investing in Vodafone Idea

[ijsa]

Best thing they can do is start VoWifi to retain their base atleast in cities...

 

[coolbal]

I am sort of amused on how this rebranding is being taken so seriously. The company itself is as good as dead unless they get the much needed investment from someone like Amazon or Verizon like the ongoing rumors.

True. Investment is what they needed! A different name would have paved way for Vodafone to exit as the Vodafone UK has stated it would no longer invest in Vodafone India.

And I think the branding is being taken seriously because they said they’d make ”strategic announcement“ so that sparked some interest!

 

[socrates]

They still think that 'brand name' or some other PR exercise will actually help them. This fallacy seems quite widespread.

 

[socrates]

Rs 25,000-cr won’t last Vodafone-Idea beyond 12-18 months: SBICAP Securities

Vodafone-Idea will need a combination of tariff hike and funding.

economictimes.indiatimes.com

 

[socrates]

Vodafone Idea CEO Ravinder Takkar says telco ready to take first step to raise prices

VIL's MD and CEO Ravinder Takkar, at a media briefing on Monday, said that "everyone is selling below cost" and the telco is "not shy to take that step (raising prices)". Takkar added that the sector regulator also needs to look into tariff charts.

economictimes.indiatimes.com

 

[socrates]

Oaktree, Varde propose up to $2.5 billion investment in Vodafone Idea

Vodafone Idea had in September announced raising funds to the tune of ₹25,000 crore, through debt and by selling shares, even as it continues to lose millions of wireless users every month in an extremely competitive market

www.livemint.com

More optimistic souls.

 

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