Voda Idea to seek to convert dues into equity after moratorium ends: JP Morgan

Vodafone Idea will urge the government to convert into equity the annual installment for spectrum payments for FY26/FY27 that will fall due after the moratorium ends by September 2026, chief financial officer Murthy GVAS told analysts at JP Morgan, after the debt-laden telecom firm raised ₹18,000 crore in a follow-on public offer in April.