Read said the Vodafone Group won’t infuse any further equity into Vodafone Idea Ltd (VIL), having written down the value of its joint venture with the Aditya Birla Group to zero after the Supreme Court ruling on adjusted gross revenue (AGR).
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2X9Ocyl
Tuesday, November 12, 2019
Vodafone Idea in critical state, value cut to zero after SC’s AGR ruling: Nick Read, Vodafone CEO
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