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Friday, November 15, 2019

Will need government support for timely repayment: Vodafone Idea to lenders

Apart from looking to state support, the telco is planning to sell its data centres as well as its optic fibre network to raise funds, managing director Ravinder Takkar said. The company has said that its ability to continue as a “going concern” is dependent on getting reliefs from the govt. He said vendors were supporting the telco through vendor financing.

from Top Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/34YWqw2

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