We have entered 2023 with new hopes, but things appear difficult for the merged and once largest telecom operator Vodafone Idea (Vi). As we discussed, many transformations in the telecom sector will be finalised this year, and the long-struggling telco Vodafone Idea has a lot on its scale to deal with the changing times. Although the telco dragged instances without significant improvements from the last few years, we believe this year will differ. Those following the updates closely with the third largest telco know the situation of Vi.
The CEO talks about what should have been the industry tariffs but further lowers the tariffs in reality. But we see that investors and users are confused with the company’s stance as its actions differ from words. We are still trying to figure out what precisely the company is trying or conveying.
The year 2022 is filled with various investment news, but we believe there are no updates or real investments. Unless explicitly requested for clarification by SEBI, neither the company confirmed nor denied these market speculations.
We believe there is no update on the result of these advanced talks, which have floated in the market many times.
One can understand the Absolutely Committed meaning of the promoters now, at least considering the scenario of the year 2022.
The company clarified only upon the intervention of SEBI for the news article about investments from Amazon; else, we can expect no comments on market speculations. TelecomTalk