for one, ithink it means that vodafone will at least be reluctantly part of the $7 billion it owes to the government of indiaodafone has said in a filing to the stock exchanges on saturday is it will pay a partial due but whether it continues to do business in india will hinge on the decision by the supreme court of india which means it is looking for a pre—on the timeline. the next date for the hearing is the 17th of march so we will have at least one more month of uncertainty to essentially see whether vodafone india can remain in business. a lot of a nalysts remain in business. a lot of analysts and banks have in fact been raising concerns about its ability to continue to do business given that it has posted six consecutive quarters of losses and vodafone, its partner, has said it will not influence any further liquidity into thejoint concern. influence any further liquidity into the joint concern. and just quickly, what does it mean for the wider telecoms sector if it goes out of business? simply, india will turn into a duopoly between air tell and the company which is owned by asia's richest billionaire

what is making matters worse for vodafone india are the repeated losses.rters, $900 million, as opposed to last yea r‘s $900 million, as opposed to last year's performance. $900 million, as opposed to last yea r‘s performance. this $900 million, as opposed to last year's performance. this is what the telecom companies are struggling with an it does make and it has —— and it has competitors offering cheap data and free voice calls. the market has been disrupted by this gigantic player. with these repeated losses, mounting debts and $13 billion that they have two cough up to the government, it is just making matters worse. thank you for that update. a very challenging time for india's telecom market. how does a start—up stand out in a crowded market it selling mattresses? koala.com has made viral content on social media. we see how one company uses humour and data to grow its businesses in asia. we really hope we can stop the family going to ikea and big furniture chains. we are a brand born on facebook. what we did extremely well was generate reviews and a

how tough is it going to be for vodafone in india? he moment. >> it is very tough for vodafone. the vodafone promoters had -- if they are not getting any money from the government. they have placed their concern. they said they are ready to pay their dues, but if they are not , theng any relief community as in trouble. the ceo of vodafone said the situation is very critical for vodafone in india. >> what is next for indian telcos in general? including vodafone and other players are now doing a self-assessment of how much they should pay up towards the government. conducting and saying they will not be able to pay up this much. the department of telecom has orders from the government can they are insisting. they cannot upset the supreme court of india. they are not affordable to lose one or two telecom companies. want you to try to explain something for us. rising sharply, up about 16%. how do we explain that? is already aware of this. i have already calculated for these setbacks. the kind of language used by supreme court's. it is awar

coming up, vodafone india has a new proposal.anning to pay the billions of dollars in fees to those in just one month. we will have that story next. this is bloomberg. ♪ haslinda: and he is markets have just opened. let's get to mumbai. how are things looking? start,r: not the best considering we are registering currently the third straight day of losses. there has been a lot of volatility. a lot of that is on a count of the global trends. for now, we are also seeing terms,s on domestic which is why the nifty and send sensex are down. selling continues for the third straight day. eventually we expect a recovery at some point in time. paul: our reliance industries is consolidating the media business. what is the latest? reporter: that is correct. three companies it owns, it is merging into one. we have a cables company as well as the net worth, it will merge with its broadcasting unit, network 18. traders ande investors are looking favorably towards that which is why we do have advances around 5% for nate andetwork 18 halfway cabl

india's supreme court has refused to grant telecoms companies further time to pay billions of dollars in additional revenues to the government, meaning they need to pay $13 billion by 17 march. for vodafoneespecially difficult period. just last week, the company announced a sixth—straight quarterly loss. now, have you ever had a situation at work where someone much younger than you has been put in charge of you? it's the kind of situation that is becoming more common as young people with the latest social media skills are brought into the workplace. as part of crossing divides, a bbc season about bringing people together in a fragmented world, dougal shaw went to visit a company in bournemouth in the south of england, where two people have worked through their differences. how would you feel if your boss was much younger than you? he is younger than my younger son. i was working before he was born! i think it is important for me to recognise that i am a young person in a senior role. however, i think it is important not to go around with a big ego. keeping a watchful eye over the office. this is the operations manager. he is 20 and newly promoted, fresh from his a—levels and apprenticesh

india? >> it is a very wrong signal to foreign investors. it washave jet airways, very dominant airline in the country that has been bankrupt. now vodafone world 's largest communication companies. it sends really wrong signals. they need to grow and innovate on the telik medications industry in media -- india. telecommunications industry in india. what happens to the cuban vendors? they all have to have their opportunity to sell to one company. reliance geo is working with samsung exquisitely. speaking of-- >> huawei, has india taken a position? >> they have not. they are still evaluating whether they can continue to do business in 5g. people have not focused on 5g because we have other bigger issues to face as of now. >> 5g is an issue for all governments. in terms of the rollout of 5g in india, when will that happen? case for 5g is relatively more clear then when you go to markets like singapore, japan and korea. it is easier to justify. you can see that it is done on investments especially as enterprises are willing to build the services of the future. these cases are a lot more challenging in markets like india. i don't see the comp