Expect near 100% monthly payment to continue from Vodafone Idea, says Indus Towers

Speaking at the company’s fiscal second quarter earnings call Thursday, Indus Towers chief executive Prachur Sah said the company has not written off any receivable from Vi and expects near 100% payment to continue going forward. Indus’s receivables increased by Rs 880 crore during the July-September quarter due to delay in payment by the cash-strapped operator but the amount has been cleared in October.

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