The double digit growth trajectory of the Indian telecom industry is coaxing some big players from the global scene. Vodafone, 
the world’s largest mobile operator, after picking up a 52% stake in Hutchison Essar for $10.9 billion, is ready to spread its fangs in India.
Even though this may appear to be just another expansion move by a conglomerate, there is a larger picture to this. The reason is because last year, it went down in history books for reporting the biggest loss in global corporate history. In the recent financial year, the red ink continued to stain the company’s balance sheets, and most because of Vodafone’s illogical acquisitions of the past (Mannesman et al).
the world’s largest mobile operator, after picking up a 52% stake in Hutchison Essar for $10.9 billion, is ready to spread its fangs in India.Even though this may appear to be just another expansion move by a conglomerate, there is a larger picture to this. The reason is because last year, it went down in history books for reporting the biggest loss in global corporate history. In the recent financial year, the red ink continued to stain the company’s balance sheets, and most because of Vodafone’s illogical acquisitions of the past (Mannesman et al).
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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
