On Thursday, the telecommunications operator announced the appointment of Chief Operating Director Abhijit Kishore as the CEO (CEO) of 19 August for three years. This follows the completion of the current CEO of Akshay Moondra.
However, experts in the field point out that this change is unlikely to change the trajectory of society, unless it is accompanied by substantial financial and political support. VI continues to face growing losses, stunning £2 trillions in government fees and stopped efforts for fundraising. The end of a four -year moratorium in regulatory payments this September contributes urgency £16,428 Crore in AGR fees due to March 2026 and £2 641 crore in the delayed salaries of the spectrum until June.
Kishhore’s immediate priorities could include negotiations with the government on relief and ensuring banking financing to support the planned £50 000-55 000 crore capex in the next three years. The analyzers claim that the change of leadership is a routine and that VI survival depends on external factors.
“Vodafone Idea problems can eventually be traced back to the delay in the legal system,” said JN Gupta, founder and CEO of the parties involved, a non -profit advisory company Proxy. The change of leadership seems to be a routine and the survival of the company now depends on the relief of its fees related to AGR. The refusal of the court even solve the so -called calculation errors is interesting, he added.
“Changing in the management cannot be positively or negatively considered negatively,” added Shiram Subraminian, founder and administration of Dioretor Research Ingevern. “Business now does not depend on who leads, but on funds.”
Hard times
Recent rejection of viho plea of the Supreme Court £45,000 crore for the interests and sanctions on £83,400 crore waiting for modified gross income (AGR) fees further tense. VI warned that it may not survive without the current fiscal year.
“In the company’s opinion, this release does not exclude to continue to participate in the Indian government (GOL) on the basis of its predictable cash flows for having a suitable solution in the AGR matter before the next date of the installment,” Vodafone Idea said in its June quarter. He hopes to receive government support, organize funds and generates cash flow from operations.
The reduction of financial costs depends on the clearing of government fees, which can only be reached from a government or a society that will create sufficient funding to clean up fees. To improve cash flows, VI of network upgrades performs in an effort to arrest Churn subscriber. In addition, data consumption in the network is also increasing, leading to higher average user income. At the end of June, the Arp was on the company £165, up from £164 in the previous quarter and £146 in the previous period.
Certainly, Kishhore, who will take the lead as the CEO of Vodafone Idea, has been connected with the company since March 2015 and has held several leading roles within the organization, both at Circle Operations and at the level of enterprises, the company said.
Meanwhile, 5G services are Telecom Company now functional in 22 cities in 13 circles and systematically expand their 5G track in accordance with growing adoption of 5G. When calling from earnings in the January-Breast Mondra district, she said: “(S) Capex, which is already in execution, we should reach 84% (4G) population.
The challenges of the new CEO
Before taking over the role of the Chief Operating Director (COO), the company’s company was led by the company as the main business director. He was also a circular merchant for Gujarat and Keral Circles, where he successfully launched the first 4G in India.
“When you pick up someone from the inside, you will try to consider the fact that the person is dedicated and knows the company. Looking at the idea of Vodafone, which is behind the competition and faces financial challenges, will be a difficult task for the new CEO,” said Faisal Kawooosa.
According to Kawoos, the task of the new CEO would be to persuade creditors or investors to raise funds and accept the financial discipline within the company to stay above the water.
The outgoing CEO of Moondra, who was the CFO (CFO) in Idea Cellular from June 2008 to August 2018, played a key role in the stitching of Vodafone-Wideo in 2018. It issues and detained plans and dealt with officials and for dealing with plans and issuing and dealing with and winning and dealing with validity, and for dealing and occupying and dealing with plans and dealing with And she planted and recorded.
(Tagstotranslate) Vodafone Idea
