Vodafone Idea Sells Stake to the Government of India

Vodafone Idea Sells Stake to the Government of India

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.

Please Note: Extended description available upon request.


Executive Snapshot
In This Market Note
IDC's Point of View
VIL's Challenge of Supreme Court Ruling
New Government Reform Package to Stave Off VIL Default
VIL's Survival Not Assured
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Synopsis

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