Vi’s turnaround at risk after plan to raise ₹25,000 crore debt hits a snag

Kolkata: The expected delay of Vodafone Idea’s ₹25,000 crore debt-funding plan now threatens to derail the debt-laden telco’s financial turnaround, analysts said. They, though, expect the government to convert a large part of the telco’s statutory dues into equity in a bid to provide relief to the stressed carrier.