Vodafone Idea (Vi) reported its Q1FY24 results — a net loss of INR 7,840 crore, which is a worrying trend for investors. If you read the Q1FY24 results, there’s not much to be optimistic about. Jio/Airtel are continuously chipping away market share and subscribers from Vodafone. Vodafone’s 5G rollout is delayed. Losses are piling up. Debt is not going down fast enough. There are a lot of issues burning at Vodafone — but how serious are they? Do they pose an existential risk?
I disagree and there is another possibility