VI CEO claims Govt. has no interest in acquiring telecom firms

Photo: Business UpTurn

Govt. Wants VIL To Compete In Indian Telecom Market: Vodafone CEO

Vodafone Idea Ltd (VIL) Managing Director and CEO Ravinder Takkar told PTI that the government has presented an alternative to paying back dues via equity shares. He also said it would not want to acquire the firm, considering it wants VIL to be one among three private players to compete in the Indian telecom market. VIL has total gross debt of Rs. 1.91 lakh crore.

Sun, 26 Sep 2021 - 06:12 PM / by Muskan Arora

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