Only time will tell if price war is over; possibility of promoter infusion can’t be ruled out: Vodafone Idea MD Ravinder Takkar
The package from the government is a game changer. It is a very different position than where we were just few weeks ago. The response from the promoters have been very positive. They have both come out with praises for the reform package. The company will raise funds in the coming weeks once we get the details of the financial package from the government. We will update our business plans and take them to the board, says Ravinder Takkar, MD & CEO, Vodafone Idea.
How should one read into the government moratorium and the new guidelines? Is this just kicking the can down the road or will this moratorium make a meaningful difference to your business?