India’s telecom industry is in a mess: Vodafone CEO

September 14, 2014

Marten PietersThe world’s second-largest telecom operator, Vodafone, facing taxation issues in India, on Thursday said it was difficult for foreign companies to do business in the country because of slower government clearances.

Vodafone India Chief Executive & Managing Director Marten Pieters said the firm had in December last year sought government’s approval to bring in funds from the parent company for buying airwaves but the clearance was still awaited. “Yes, it is difficult to do business in India. That is the perception of foreign companies in general, not only telecom ones,” said, Pieters. Source

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