Govt’s equity-for-debt plan to aid Vi’s cash flow; survival concerns persist
This is because, with the government converting spectrum dues worth ₹36,950 crore, the telecom operator would now have to pay a total of over 66% less in statutory dues over the next three years after the expiry of the current moratorium later this year. However, analysts said the company must meet a yearly ₹43,000 crore…