๐ข Vodafone Idea knocks on SCโs doors!
After GoI rejected its plea to waive $5B+ in AGR dues, Vi is fighting for survival in court. The verdict could reshape Indiaโs telecom game. ๐๐ฒ
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Vodafone Idea has announced that the Indian government will convert its outstanding spectrum auction dues into equity shares valued at โน36,950 crore.
As a result of this conversion, the government's stake in the telecom company will rise significan
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Tech Consumers
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๐ถTelecom Industry in ๐
The telecom companies had to pay a huge amount to the government of India
๐ See the full info :
These companies use๐ป radio waves (spectrum) to run mobile and internet services.
But the government owns that spectrum, so
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I had predicted this 13 months ago. And it has now started happening word to word.
On 15 April 2024, I posted a viral note about how, despite Vodafone Idea raising a Rs 18,000 crore FPO, a year from now, company management will start holding the Gov
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