Vodafone Idea still holding out for government help

Vodafone Idea remains touchingly optimistic that the Indian government will come through with a telecoms reform package to keep its business afloat.
Himanshu Kapania, Chairman of the troubled Indian mobile operator, declared himself to be “hopeful” of government support in a letter to shareholders published this week.
“Your Company believes the government recognizes the criticality of the sector and the importance of retaining healthy competition amongst private sector operator