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Thursday, December 12, 2019

Banks may not fund more debt to telcos for AGR dues

Concerns on debt levels and solvency of telecom companies have intensified after the Supreme Court's adjusted gross revenue (AGR) ruling, which could add Rs 34,900 crore and Rs 44,000 crore to the debt burden for Bharti Airtel and Vodafone, Idea, respectively.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2LO6z7J

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