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Sunday, July 4, 2021

Cash-strapped Vodafone Idea looks to monetise assets to raise $1 billion

The telco needs to pay Rs 22,500 crore between December 2021 and April 2022 toward a mix of regular debt, adjusted gross revenue and spectrum dues. Its cash balance stood at Rs 350 crore on March 31 and loss was Rs 6,985.1 crore for the March quarter.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3dGEdtK

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