Saturday, 10 December 2016

Vodafone 'ready' for Reliance Jio launch in India, foresees consolidation

By Mary Lennighan, Total Telecom, in Barcelona
Thursday 25 February 16

Mobile operator's CEO says Indian IPO depends on a number of factors, including tax issue, spectrum auctions.

Vodafone CEO Vittorio Colao this week acknowledged that his company's Indian business faces a tough new rival in Reliance Jio Infocomm, which is due to launch mobile services in the second half of this year, while noting that the market is home to a number of players that are too small to compete, making consolidation a desirable outcome…

Vodafone CEO Vittorio Colao this week acknowledged that his company's Indian business faces a tough new rival in Reliance Jio Infocomm, which is due to launch mobile services in the second half of this year, while noting that the market is home to a number of players that are too small to compete, making consolidation a desirable outcome…

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