Voda-Idea gets olive branch but is still not out of the woods2 min read . Updated: 07 Feb 2023, 06:13 AM IST
Vi also needs to manage free cash flow of over $4 bn a year from FY27 when moratorium on spectrum and AGR dues ends
New Delhi : The government’s acquisition of a 32% stake in Vodafone Idea, making it the largest shareholder in the country’s third-largest carrier, has alleviated bankruptcy concerns and received investor approval, as was reflected in the 20% surge in the company’s stock on Monday.
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