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Vodafone Idea outlook still critical, says Vodafone Group

Vodafone Idea outlook still critical, says Vodafone Group

Thursday, February 6, 2020, 8:44 AM

UK-based Vodafone Group Plc said that the outlook for Vodafone Idea Ltd, its telecom joint-venture with the Aditya-Birla-group in India, remains critical and the company is seeking relief from the Indian government. "In October, SC gave an adverse judgement in the AGR case against the industry. The outlook for Vodafone Idea remains critical," Vodafone Group said in a statement announcing its December-quarter-earnings on Wednesday.
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