Government of India’s Strategic Stake in Vodafone Idea: Implications and Future Prospects

  • Tushar Patial
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  • Tushar Patial

    Student at Faculty of Law, University of Delhi, India

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Abstract

The Indian government acquired a 33.14% stake in Vodafone Idea (Vi) in February 2023 to address Vi's financial struggles and bolster the telecom sector. This conversion of Vi's debt into equity provided financial relief but also significant government control. The acquisition has yielded mixed results: debt reduction, improved profitability, and network expansion, but also concerns about long-term viability, government interference, and job losses. Vi's current performance shows promise, but its future depends on the government's strategy and Vi's ability to overcome its challenges.

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International Journal of Law Management and Humanities, Volume 7, Issue 3, Page 3196 - 3201

DOI: https://doij.org/10.10000/IJLMH.117818

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