Bharti Enterprises’ Sunil Mittal: “(I am sorry to say) but Vodafone does not exist any more”
Bharti Enterprises’ Sunil Mittal: “(I am sorry to say) but Vodafone does not exist any more”
Bharti Enterprises chairman Sunil Mittal, when asked how he views the current industry structure and if Vodafone is going to survive, said that it is "very hard to say." "The government has come out strongly to support Vi, converting a very large outstanding (of its money) into equity. Government owns 33.1% in Vi and would like it to be healthy but ultimately it’s in the hands of the sponsors of that company to take the final call," he added.
Bharti Enterprises chairman Sunil Mittal, when asked how he views the current industry structure and if Vodafone is going to survive, said that it is "very hard to say." "The government has come out strongly to support Vi, converting a very large outstanding (of its money) into equity. Government owns 33.1% in Vi and would like it to be healthy but ultimately it’s in the hands of the sponsors of that company to take the final call," he added.
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Bharti Enterprises chairman Sunil Mittal, when asked how he views the current industry structure and if Vodafone is going to survive, said that it is "very hard to say." "The government has come out strongly to support Vi, converting a very large outstanding (of its money) into equity. Government owns 33.1% in Vi and would like it to be healthy but ultimately it’s in the hands of the sponsors of that company to take the final call," he added. 
