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,
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Anonymous 1
Stealth • 7m
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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Havish Gupta
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VI is raising $10.6 Billion through an FPO. 10 Billion is a big amount and if it raises successfully then it may Compete with Jio and Airtel easily.
Anyways, VI's share will surely skyrocket tommorow!
Will it be able to compete?
BSNL will be paying 132 crore to Boston Consulting Group (BCG) to prepare a three-year roadmap for its revival and to effectively compete with private telecom players like Jio and Airtel, Financial Express reported.
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Airtel and Jio have raised plan prices, while Zomato and Swiggy increased platform fees and started delivering food on trains
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