Airtel Official Telecom Minister At Crisis, Vodafone Continues To Crash

Airtel Official Telecom Minister

Airtel Official Telecom Minister: After Finance Minister Nirmala Sitharaman, Telecom Minister Ravi Shankar Prasad met with Bharti Enterprise Group Chairman Sunil Bharti Mittal. Concerned about Vodafone, the Union Telecom Minister was assured by Airtel that they would clear all the arrears at the center. Sunil Bharti Mittal has informed the meeting with Ravishankar Prasad. It should be noted that the telecommunication companies have recently been subjected to severe scandals by the Supreme Court.

Airtel Official Telecom Minister

Then there is uncertainty about the future of Vodafone. In this case, it would be impossible for Vodafone to turn around if the center did not provide a large financial package. Thinking about Airtel too. However, Airtel Group Chairman Sunil Bharti Mittal on Thursday dismissed that thought. His meeting with the telecom minister has been fruitful. And he also said that there are situations where the Airtel Supreme Court has to meet the deadline, which is due on 17 March.

Moreover, Airtel’s share price has been up and down since yesterday. On Wednesday, the Union finance minister met with the executives of two companies accused of bankruptcy to solve the telecom issues. It is unclear what results Nirmala’s meeting with Airtel’s owner Sunil Mittal and Vodafone Idea Kumar Mangalam cats had.

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But, after that meeting, the Center said the two telecom companies have already paid off Tk 17 billion. They also promised to pay more money next week. The Center is hoping to hear questions about Vodafone. The telecom industry is now demanding that, like housing, they have a special fund for long-term low-interest loans. The telecom ministry is considering the proposal.

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