Vi up 21% as Elon Musk’s Gujarat visit on January 10 sparks market talks of a deal by the tech billionaire to partner with an Indian telecoms player. Amazon too will require a spectrum partner for its space linked broadband business and Vi could be a potential suitor for any of the two, believes the market. Recently, Vi also paid Rs 1701 crore to the government for 5G spectrum it had acquired in the 2022 auction
They could still lease out the spectrum right? without Elon/ Bezos taking a stake.
Disclosure : no positions. Curious about the recent rise in prices.
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