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Tariffs unsustainable at present, raising important: Vodafone Idea CEO

Vodafone Idea CEO Ravinder Takkar, in a short Q&A session with the media, was emphatic that tariff rise was inevitable to sustain the telecom business. Edited excerpts

Ravinder Takkar
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Vodafone Idea CEO Ravinder Takkar

Nivedita Mookerji New Delhi
Vodafone Idea CEO Ravinder Takkar, in a short Q&A session with the media, was emphatic that tariff rise was inevitable to sustain the telecom business. Edited excerpts:

On private equity funds participating in the proposed Rs 25,000-crore fundraising plan: The board okayed the fundraising proposal last week. We are evaluating all the options before us.
 
On whether promoters would invest in equity or if they would dilute their stake: I cannot talk on behalf of the promoters. What is important is Vodafone Idea has decided to raise additional funds not just for paying the AGR (adjusted gross revenue)

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