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Thursday, September 22, 2022

Vodafone Idea struggles to finalise 5G deals

Vodafone Idea owes around Rs 3,000 crore to Finnish equipment supplier Nokia and up to Rs 1,000 crore to Sweden’s Ericsson in 4G-network-related dues. The telecom JV between UK’s Vodafone Group Plc. and India’s Aditya Birla Group (ABG) also owes around Rs 7,000 crore to tower company Indus Towers and Rs 2,000 crore to American Tower Co. (ATC).

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