Vodafone, Birla to infuse equity in Vodafone Idea
Reports on government looking to convert up to 70% stake in Vodafone Idea have been rubbished by officials.
Reports on government looking to convert up to 70% stake in Vodafone Idea have been rubbished by officials.
The auction made the exchequer richer by around ₹77,815 crore. According to earlier estimates, the government had put on the block airwaves worth ₹3.92 lakh crore.
Vodafone Idea, Bharti Airtel, and Reliance Jio are fighting a bruising battle for the top spot in the market. The jury is out on who will win the price war unleashed by Jio’s rock-bottom rates .