Vodafone Idea Can Get Rid of Debt By Doing This
The debt-laden Vodafone Idea (Vi) can potentially reduce its debt if it agrees to convert it into equity. The telco doesn’t have the cash flow to pay off its debt in a comfortable manner and keep expanding its network at the same time. The telco’s promoters have also expressed their unwillingness to infuse any further capital into the company. There’s not a lot Vi can do at the moment since... Read More