Thursday, October 6, 2022
HomeEconomyBusinessVodafone Idea prepays Rs 2,700 crore loan to SBI

Vodafone Idea prepays Rs 2,700 crore loan to SBI

With the government showing no signs of urgency in converting Vi’s accrued interest on deferred AGR-related dues into equity, external equity funding appears to be further delayed. This leaves the telco with no option but to arrange more debt to firm up its 5G plans.
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