Catastrophe for Indian Telecom Sector: Vodafone contemplates shutting shop

Vodafone Group’s Indian venture may be headed for liquidation unless the government eases off on demands for mobile spectrum fees, the company’s CEO Nick Read said.

Ravinder Takkar to replace outgoing Vodafone Idea CEO Balesh Sharma

Balesh Sharma steps down as CEO of Vodafone Idea; Ravinder Takkar to take over. Ravinder Takkar, an old hand at Vodafone Group, will be taking the reins of Vodafone Idea Ltd as chief executive officer with immediate effect after Balesh…