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Can Vodafone Idea survive?

The biggest hurdle in the way of its long-term survival will be 5G, which has changed the telecom landscape and made it the weakest player in the sector

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Prosenjit Datta
In the past two weeks, India’s beleaguered telecom operator Vodafone Idea (Vi) seems to have got a little more breathing space. The Government of India has cleared the long-talked-about plan to convert Rs 16,000 crore interest from the deferred adjusted gross revenue (AGR) dues into equity. This would make the Union government the biggest shareholder in Vi — holding about 33 per cent of the telecom firm.

Though the scheme to allow interest on AGR dues to be converted into equity was announced quite a while ago — and Vi had shown interest — the government was going slow. It wanted
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First Published: Feb 28 2023 | 9:53 PM IST

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