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©️ Tech Scan - 2023

Vodafone Idea (Vi), the third-largest telecom operator in India, may have to shut shop in the near future if the tariff hikes aren't implemented. The telco is facing heightened competition from its rivals, Jio and Airtel. While the competitors have launched 5G, Vodafone Idea is still waiting for fundraising so that it can place commercial orders for 5G equipment. According to a CNBCTV-18 report, Kotak Institutional Equities said in a recent note that in the absence of tariff hikes, Vi won't be able to keep up with the investments required and launch 5G services.



#VI #India #Shutdown


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