Vodafone Idea Requires 40% Tariff Hike to Meet its Cash Flow Needs
ICICI Securities on Sunday said in a report that Vodafone Idea requires more than a 40% tariff hike in the next three years to meet its cash flow needs. The firm said that Vodafone Idea requires a cash flow of Rs 320 billion to service the deferred spectrum equated monthly instalment (EMI) payment, AGR dues, capital expenditure (Capex) and interest on bank borrowings. ICICI Securities said that Vodafone Idea requires... Read More
