Idea-Vodafone will not be a price warrior: CEO Himanshu Kapania - News Summed Up

Idea-Vodafone will not be a price warrior: CEO Himanshu Kapania


Idea Cellular CEO Himanshu Kapania is hopeful that revenue will increase in a quarter or two and the company will be able to narrow its losses because of synergies from the proposed Idea-Vodafone merger. The merged entity will not disrupt pricing in the sector and will focus on profitability and revenue, Kapania said in an interview. (Vodafone and Idea on Monday said they have separately agreed to sell their standalone tower businesses to ATC Telecom Infrastructure Pvt. Positives of that has started to show early signs, with October showing subscriber growth coming back with bundled plans rate realizations improving, we are hopeful that the revenues will go up. 1 telecom operator, but it will not be a price disruptor, or a price warrior.


Source: Mint November 14, 2017 02:15 UTC



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