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Daybreak — Is Vodafone Idea, India’s third largest telco, worth saving?
Not scored yet12m·2023-04-26·News Politics

Is Vodafone Idea, India’s third largest telco, worth saving?

Daybreak · 59

In February this year, Vodafone Idea gave away a 33% stake to the Indian government and the government converted a part of its dues into equity. Many analysts though think even this cannot save the sinking telco. Because the company still owes the government $23 billion and banks $1.5 billion. And it also needs $6…

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