The Supreme Court's verdict on the much-awaited AGR case that came on 1 September, has gotten experts worrying about Vodafone Idea's survival. With a massive due of Rs 58,000 crores in adjusted gross revenues that is owed to the government, will Vodafone Idea sink or swim?
The verdict on AGR for the debt-laden telecom companies including Bharti Airtel and Tata Teleservices may have struck a bargain, by allowing a 10-year timeline for the telecos to make staggered payments of these AGR dues in concern. But if for Bharti Airtel, the ruling gives a decent shot at survival, for Vodafone it's looking like a choice between merely surviving or shutting shop.
Why is the ruling not looking favourable for Vodafone Idea? Why has it come to a point to mere survival for the company? And if it fails to survive what could be the implications of that in the market? Tune in The Big Story!
Producer and Host: Shorbori Purkayastha
Editor: Shelly Walia
Music: Big Bang Fuzz
Listen to The Big Story podcast on:
Apple: https://apple.co/2AYdLIl
Saavn: http://bit.ly/2oix78C
Google Podcasts: http://bit.ly/2ntMV7S
Spotify: https://spoti.fi/2IyLAUQ
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Castbox: http://bit.ly/2VqZ9ur Learn more about your ad choices. Visit megaphone.fm/adchoices
The Supreme Court's verdict on the much-awaited AGR case that came on 1 September, has gotten experts worrying about Vodafone Idea's survival. With a massive due of Rs 58,000 crores in adjusted gross revenues that is owed to the government, will Vodafone Idea sink or swim?
The verdict on AGR for the debt-laden telecom companies including Bharti Airtel and Tata Teleservices may have struck a bargain, by allowing a 10-year timeline for the telecos to make staggered payments of these AGR dues in concern. But if for Bharti Airtel, the ruling gives a decent shot at survival, for Vodafone it's looking like a choice between merely surviving or shutting shop.
Why is the ruling not looking favourable for Vodafone Idea? Why has it come to a point to mere survival for the company? And if it fails to survive what could be the implications of that in the market? Tune in The Big Story!
Producer and Host: Shorbori Purkayastha
Editor: Shelly Walia
Music: Big Bang Fuzz
Listen to The Big Story podcast on:
Apple: https://apple.co/2AYdLIl
Saavn: http://bit.ly/2oix78C
Google Podcasts: http://bit.ly/2ntMV7S
Spotify: https://spoti.fi/2IyLAUQ
Deezer: http://bit.ly/2Vrf5Ng
Castbox: http://bit.ly/2VqZ9ur Learn more about your ad choices. Visit megaphone.fm/adchoices
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