Balesh Sharma

Taxes on telecom similar to non-essential items like liquor, cigarette: Vodafone Idea CEO Balesh Sharma

The telecom sector is being taxed like non-essential items such as liquor and cigarette, instead of being treated as critical infrastructure, according to Vodafone Idea

Vodafone Idea expects 11.15% Indus Tower stake sale to complete in three-four months for Rs 5,500 crore

Under a contract signed with Bharti Infratel in April 2018, Vodafone Idea has an option to sell the 11.15 percent stake in Indus Tower for cash ahead of the merger

Vodafone Idea posts Rs 5,005 cr loss for third quarter; telco targets higher share of new 4G customers

The books of Vodafone Idea recorded comprehensive loss of Rs 1,284.5 crore in the same quarter a year ago.

Aggressive competition makes telcos' revenue unsustainable: Vodafone Idea CEO Balesh Sharma

Balesh Sharma said there is no clarity on when the pricing situation will improve either in the domestic market.

Vodafone-Idea merger: DoT gives final approval; deal spawns nation's biggest telecom operator worth over $23 bn

The combined operations of Idea and Vodafone will create a telecom operator with a 35 percent market share and a subscriber base of around 430 million.

Vodafone-Idea merger: Kumar Mangalam Birla to be non-executive chairman; Balesh Sharma CEO

Kumar Mangalam Birla will be non-executive chairman of the merged company which will combine business of Vodafone India and Idea Cellular