Kumar Mangalam Birla, Chairman, Aditya Birla Group
A nation of 1.4 billion people deserves three private telecom players. Vi is a national asset, which serves 215 mn people and possesses over 8,000 MHz of spectrum - Kumar Mangalam Birla, Chairman, Aditya Birla Group
Mumbai: Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said the Rs18,000-crore fundraise by Vodafone Idea is a fresh lease of life for the company and asserted that the telco will stage a smart comeback.
The company, which has been struggling to hold on to subscribers amid aggressive play by bigger rivals Reliance Jio and Bharti Airtel, will focus on increasing its network, densifying it and also selectively introduce 5G services, Birla told reporters at the listing ceremony of Vodafone Idea’s FPO.
