The relief would keep Vodafone Idea going, though stabilizing a business that has lost more than a third of its 400 million-plus subscribers in three years will need a lighter debt load, and a thicker equity cushion. In other words, a true revival will require an optimistic view of the future.
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Can India reform its telecom market and save Vodafone Idea in the process?
Can India reform its telecom market and save Vodafone Idea in the process?
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