No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian
The Supreme Court has rejected the plea by telecom companies for re-computation of adjusted gross revenue (AGR), leaving no relief for major players like Vodafone Idea and Bharti Airtel. Vodafone Idea's ability to complete its debt fundraising is crucial to maintaining its capex programme as well as preventing further subscriber loss.
from Economic Times https://ift.tt/rFAzBQv
from Economic Times https://ift.tt/rFAzBQv
No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian
![No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian]()
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September 23, 2024
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