BENGALURU -- Vodafone Idea's decision to hand a one-third stake to India's government is not enough to secure the mobile phone company's future, analysts say, as questions remain about how it will shore up finances to compete with market leaders Airtel and Mukesh Ambani's Reliance Jio.
Telecommunication
Vodafone Idea 'still hanging by a thread' as India takes stake
Telecom swaps interest payment for equity share, highlighting cash flow strain
Vodafone Idea will let India's government hold 35.8% of the company instead of paying owed interest. © Reuters
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