Will Vodafone Idea Sink or Swim After The SCs AGR Verdict?
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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?
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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.
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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!
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\\nProducer and Host: Shorbori Purkayastha
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\\nMusic: Big Bang Fuzz
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