‘Don’t write us down, a revival is around the corner’: Kumar Mangalam Birla on Voda Idea | India News – Times of India
‘Don’t write us down, a revival is around the corner': Kumar Mangalam Birla on Voda Idea NEW DELHI: In one of the most direct statements on Vodafone Idea’s struggling telecom business, promoter Kumar Mangalam Birla on Tuesday said that the ailing company’s revival is “around the corner” and dismissed doubts over the success of the turnaround plans. “We have been written off in the past as well… we will unveil our plans in the next six months,” Birla said on the sidelines of the India Mobile Congress (IMC) when asked about doubts in a section of the investor community about revival efforts.Vodafone Idea had seen its shares crash after the Supreme Court last month rejected a curative petition filed by the company — and Bharti Airtel — over recalculation of the AGR dues. The company will need...