Global vendors closely monitoring VIL situation, say it’s business-as-usual

Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual when it comes to on-ground network-related work.

A senior official of one of the European vendors said that things are not as yet “alarming” at this stage, while another player said it is too early to draw specific conclusions on outcomes, since the overall situation remains “fluid”.

The telecom equipment makers are closely monitoring the situation to see the next move by cash-strapped Vodafone Idea Ltd (VIL). The next course of action will be determined by how the situation evolves, they said.