“Jio and Airtel are internally relooking at network sizing on how they can absorb users in case Vodafone Idea fails. Vodafone Idea has 304 million subscribers out of which 104 million are 4G users. Bharti Airtel has 283 million subscribers out of which 123 million are 4G users. Analysts said that Bharti Airtel will be the biggest beneficiary if Vodafone Idea fails. “We consider Bharti Airtel to be one of the biggest beneficiaries of continued weakness at Vodafone Idea or in a scenario in which Vodafone Idea goes into IBC (Insolvency and Bankruptcy Code).

Source: Mint February 18, 2020 17:26 UTC