Vodafone-Idea is now in trouble and what will happen, if government do not suport.

 Vodafone-Idea is now facing financial difficulties in business in India. The company has a debt of Rs.180000 crore. Vodafone-Idea (VI) has incurred a loss of Rs.7000 crore in the March third of this year, so the company needs Rs.70000 crore to run well. But now the big question is whether the company will get this money or not. For this, the company Deutsche Bank gave two suggestions to Vodafone-Idea. First, the company should settle pesos from the equity market or the second one earns Rs.200 per customer. If the company increases earnings per customer, the company will have to reduce the cost or increase the tariff by Rs.200.



If the company increases the tariff, then the phone bill of Vodafone-Idea users will become expensive. To avoid this, users can get their number ported, where they are getting good service than Vi . However, a few days ago Vodafone-Idea had refused to increase the tariff, as it would hurt the company. There is a problem on the VI (Vodafone-Idea) side that the company will have to pay liability of Rs.28,000 crore. If the loss-making Vi company becomes worthy to repay the debt in 1 year, then the company may face difficulties in taking facilities loans. The Deutsche Bank reports state that Vi needs the help of the government can give some concession in AGR (Adjustment Gross Revenue) payment. In the next 10 years, Vi has to pay Rs.60,000 crore AGR apart from this, 8 Banks have to pay about Rs.3000 crore.

Post a Comment (0)
Previous Post Next Post