Vi Might Have to Give More Equity to Govt in the Future
Vodafone Idea recently gave a 33.4% stake in the company to the government. This was due to the conversion of interest dues on deferred AGR and spectrum into equity. While it would reduce the net debt that the telco has, it doesn't guarantee any future growth for the company. Analysts believe that Vi needs to raise funds in the short term to sustain and compete with the other private telcos.... Read More