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Monday, April 27, 2020

Vodafone group’s capital infusion into Vodafone Idea inadequate: Analysts

The struggling telecom operator needs a hefty capital infusion from its promoters at the earliest to clear its massive adjusted gross revenue (AGR) dues and survive, they said. VIL faces AGR-based dues of Rs 58,254 crore, of which it paid Rs 6,854 crore to the Department of Telecommunications in three tranches last month.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2Y9C56T

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