The government's stake acquisition in Vodafone Idea is good for competitors and other telecom firms like Indus Towers.
The government's stake in Vodafone Idea is not just about numbers, but is aimed at keeping the telecom operator going.
With the government taking more stake, Vodafone Idea can borrow more money from the market to invest in their capital expenditure.
Experts believe that the government's interest in Vodafone Idea is positive for competitors like Jio and Bharti Airtel, as it brings more players into the market.