Bharti Airtel pitches for healthy telecom sector, Vodafone Idea’s survival

Bharti Airtel on Wednesday pitched for a healthy telecom sector with three players, and said Vodafone Idea’s survival will be good from the ‘investment and reputation’ point of view for India.

In the company’s post-earnings conference call, Bharti Airtel’s Chief Financial Officer (CFO) Badal Bagri said the telecom sector was large enough to accommodate three players. “On Vodafone, I think my view is that they will remain and I wish that they thrive. India needs a three-player market and it’s a large-enough market place to absorb three players. I think it will be good from all perspectives — investment, jobs and reputation that Vodafone survives and thrives and I have no doubt that they will do so,” he said.