Telecom Reforms: How Realistic Will the Impact be on Vodafone Idea?
Episode 785 of the The Big Story podcast, hosted by The Quint, titled "Telecom Reforms: How Realistic Will the Impact be on Vodafone Idea?" was published on September 16, 2021 and runs 17 minutes.
September 16, 2021 ·17m · The Big Story
Summary
In a significant move on 15 September, the Centre top-uped the telcos by a providing a four year moratorium on their due payment as part of its latests reforms. The move comes as a big relief to the financialLY starved industry, especially to Vodafone Idea and Bharti Airtel which are two of the hardest hit telcos. In short, these reforms provide the telcos four more year to pay their adjusted gross revenue (AGR) and spectrum dues and will kick in from 1 October. While the telcos will also have to pay interest on the four year deferral of payments, they have the option to convert the due amount into equity at the end of four years. But even though many experts have welcomed the reforms, the question which still looms in the air is if this is enough to help Vodafone Idea survive, which just six weeks ago was on the brink of collapse due to the burden of its exposure to the market. Host and Producer: Himmat Shaligram Guest: Sanjay Kapoor, former Bharti Airtel CEO 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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