Vodafone lenders worried about the fate of loans as telco seeks more debt
Their concern centres around the company’s ability to sustain loan repayments on the proposed loans if Vodafone Idea has to pay the adjusted gross revenue (AGR) dues to the government. The weakest player in India’s telecom landscape has been steadily posting losses since FY17. On 19 May, the Supreme Court rejected petitions from Bharti Airtel