Why govt’s Vodafone Idea stake will hasten telecom tariff hikes
On Saturday, the government converted â‚ą36,950 crore overdue spectrum charges from Vodafone Idea Ltd into equity, becoming the biggest shareholder in India’s third-largest telecom operator with a 49% stake. The original promoters of Vi, Aditya Birla group and British telecom company Vodafone Plc., will own a 25.7% minority stake but will continue to be classified…