What's That Static On The Line
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Vodafone's best bet is value addition, cost cuts. Will it work?
- Vodafone has paid a high premium to get a controlling stake in Hutch
- It has to rollout its 3G, or value-added, services soon to boost revenues
- The MoU with Bharti will help Sarin to cut costs, and improve margins
- Increasing customers' base is not a solution; average revenues are low
- Vodafone's existing shareholders like Essar and Max can play spoilsport
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