Vodafone Idea to Benefit in Debt Fundraising after BG Waiver: Citi
Vodafone Idea Limited (VIL), the third-largest telecom operator, will benefit from the government’s decision to waive bank guarantees (BGs) for spectrum auctions since 2012. Vi (Vodafone Idea) would be required to pay around Rs 24,800 crore in BGs had this decision not been made. According to Citi Research, this decision … Read More