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沃达丰的想法不太平静

理想情况下,政府应该把利息和债务偿还,它宣布暂停了四年,股票前期,现在,而不是等待四年。

在印度,因此政府对国家的利益至少有三个竞争电信操作符。经过一段长时间的积极的伤害——坚持不公正要求的股票收入设计不当,拒绝行业监管机构设定的指导方针,然后收集罚款和利息的时间花在诉讼,政府提供了电信部门一些缓刑。

沃达丰(Vodafone)拒绝了隐式提供修复损害其印度业务,拒绝将任何新股本沃达丰的想法。这意味着政府将不得不采取行动的公司。它必须检查Aditya Birla)集团,周前曾表示准备股票移交给政府,是否想再想想,在电信包。

理想情况下,政府应该把利息和债务偿还,它宣布暂停了四年,股票前期,现在,而不是等待四年。如果贝拉不感兴趣恢复操作,政府应该积极寻找新的投资者购买了被动的所有者和新股本投资。这些不需要电信公司。沃达丰(Vodafone)想法的专业管理可以运行操作;它所需要的现金流。公司的总市值不到30000卢比。

小部分的印度员工的公积金和国家养老金制度可以提供资金,补充其他的投资资本池,如国家投资和基础设施基金。如果政府关心大胆和创新,它可以部分积累外汇储备,赚1.3%的10年期美国国债,并创建一个特殊目的机构拥有的股份等公司Vi面临财政压力,但前景广阔。曾经的未来不确定性笼罩的Vi电梯,它能茁壮成长,它的估值收益会支付这样的创新。

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It is in India\u2019s and, therefore, the government\u2019s interest for the country to have at least three competitive telecom<\/a> operators. After a long period of positive harm \u2014 persisting with unjust demands for shares of revenue improperly conceived, rejecting the guidelines set by the sector regulator and then collecting penalty and interest for the period spent on litigation \u2014 the government has offered the telecom sector some reprieve.

Vodafone<\/a> has spurned the implicit offer to repair the damage done to its Indian operation and refuses to put any fresh equity into Vodafone Idea<\/a>. That means the government will have to take action to set the company on its feet. It must check with the Aditya Birla<\/a> group, which, weeks ago had expressed its readiness to hand over its equity to the government, whether it would like to think again, after the telecom package.

The government should ideally convert the interest and debt repayment, on which it has declared a moratorium for four years, into equity upfront, right now, instead of waiting for four years. If Birla is not interested in reviving the operation, the government should actively scout for new investors to buy out passive owners and invest fresh equity. These need not be telecom companies. Vodafone Idea\u2019s professional management can run the operation; what it needs is unencumbered cash flow. The total market capitalisation of the company is less than Rs 30,000 crore.