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Merge Vodafone Idea, BSNL to avoid another bankruptcy: Deutsche Bank
- Wednesday | 28th July, 2021
The government can then provide Vodafone Idea with a clear commercial mandate based on profitability targets and incentives. That is likely to be trumped by Vodafone Idea,” analysts at the brokerage said. Vodafone Idea’s co-promoters, UK’s Vodafone Group Plc and the Aditya Birla Group, own 44.39% and 27.66%, respectively. Vodafone Idea’s management and its promoters group are currently in talks with five investors, both strategic and financial, including three US-based funds. The talks revolve around selling a combination of Vodafone Idea shares and convertibles to raise money.
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