Context
The board of Vodafone Idea (Vi) has approved the conversion of part of their liability owed to the government into equity. Thus, roughly Rs 16,000 crore of the interest on the deferred spectrum and adjusted gross revenue (AGR) liabilities will now be converted to government equity, making it the single-largest stakeholder, owning 35.8 percent of the entity.
Background
Analysis
Evolution of Telecom Sector in India
FDI IN TELECOM SECTOR
The telecom sector lies within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays the crucial role in the evolution of mobile communications and the information society. |
Why is there a need to strengthen the telecom sector in India?
What are the challenges faced by the sector?
WAY FORWARD
Verifying, please be patient.