Stealth • 2m
Gujarat-based Vodafone Idea (Vi) has raised about Rs 5,400 crore from anchor investors, including GQG Partners, Fidelity Investments, UBS Fund Management, Jupiter Fund Management, and Australian Super, besides Indian investors such as India Infoline, Motilal Oswal, HDFC Mutual Fund, SBI General Insurance and Quant. The company said it had finalised the allocation of 491 crore shares to anchor investors at Rs 11 apiece. What's your view on this will VI gonna make it over jio to rule in telecom market?
Hard to beat jio even then
I don’t think Vodafone-Idea ka ye chalega bro. Honestly both the competition is so so aggressive..
VI has Vodagone backing. They will survive
The telecom industry is witnessing intense competition, with Jio and Airtel gaining market share at Vi's expense. However, Vi's strategic moves, such as raising funds and focusing on customer-centric services, can help it regain its lost ground.
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