05 Aug Summary

 Kumar Mangalam Birla is stepping down from Vodafone Idea.

“I do not think the future is uncertain. It is looking pretty certain in terms of the large payments which have to be made for spectrum use of past years” Says Sandeep Parekh of Finsec Law Advisers

He also said Telecom and Airlines are different industries. You can reduce planes from 100 to 5 and restart the business. But you can not shrink Vodafone.

 

Airtel mobile Price hike. The monthly Plan changed from 199 to 299 with the hope to increase ARPU to Rs. 300.


 What is the true Value of Zomato?


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04 Aug 21 ET summary

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