The Brief: Will The Real Owner Of Vodafone Idea Please Stand Up!
Vi’s woes will not end till government realises it is the “beneficial owner” and not the company’s promoter.
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June 2023
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August 2021
Govt approves 3rd package worth ₹89,047 cr to revive BSNL
The revival package includes the allotment of 4G/5G spectrum for BSNL through equity infusion
TCS-led consortium bags ₹15,000 cr 4G network order from BSNL
Private telecom operators held a 90.63% market share in February whereas BSNL and MTNL, the two PSU service providers, had a market share of only 9.37%.
India grew faster than most major emerging economies in Q2: FM
India’s fiscal policies amid a challenging macro environment are being praised globally, FM Nirmala Sitharaman tells Parliament.
Reliance Jio adds 2.9 mn users in July; Vi loses 1.5 mn
TRAI data shows as of July 31, 2022, Reliance Jio's market share was 36.23% and commanded the largest wireless subscriber base of 41.5 cr.
Jio adds record 4.2 mn users in June; Airtel lags
TRAI data shows MTNL, BSNL, and cash-strapped Vodafone Idea continuing their losing streak; wireless subscribers up by 1.9 mn in June
BSNL revival package worth ₹1.64 lakh crore gets Cabinet nod
The package announced today will be utilised to make BSNL a sustainable and vibrant telecom player, telecom minister Ashwini Vaishnaw says.
Reliance Jio adds 31.1 lakh subscribers in May; Vi loses 7.6 lakh users
Reliance Jio commanded the largest wireless subscriber base at 40,87,87,442 users as of May 31, 2022, followed by Bharti Airtel at 36,21,75,161 subscribers.
Govt in Vodafone Idea: Should Vi, BSNL, BBNL merge?
Apart from handholding a stressed industry, the larger question is—what does GoI hope to achieve by owning a stake in a standalone telco?
Why govt—not BSNL—should take over Vodafone
A professional board, with a turnaround mandate, could help revive the beleaguered telco.
