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VODAFONE DOES NOT HAVE PLAN B

 n its earnings call for the fourth quarter of FY2020–21, Vodafone Idea said that it was fairly confident about capital infusion from fresh investments coming in, and that a plan B wouldn’t be needed in case that doesn’t happen. Vi CEO Ravinder Takkar said, “We are engaged with investors, and we expect growth to take place. I don’t think there’s any need to come up with a plan B. We’re not at that point, and I think we won’t reach to that point. We’re confident funding will take place in the coming weeks.” The company’s balance sheet is currently strapped for cash and the operator is in need of capital infusion to survive.

part B

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