Kumar Mangalam Birla back as Vodafone Idea’s non-exec chair amid turnaround attempt

Mumbai: Kumar Mangalam Birla was named non-executive chairman of Vodafone Idea (Vi), which is attempting a turnaround after years of financial strain triggered by intense competition and regulatory liabilities such as adjusted gross revenue (AGR) dues.

“India’s telecom opportunity remains deeply compelling, anchored around the government’s bold Digital India vision,” Birla told ET. “The revival of Vodafone Idea reflects a clear intent to sustain a healthy three-player private market, reinforced by the commitment of over 10,000 employees and the continued trust of nearly 200 million consumers.”