Vi’s Rs 25,000 cr debt-funding delay may threaten financial turnaround

Vodafone Idea’s (Vi) ongoing financial struggles have been compounded by a significant delay in its Rs 25,000 crore debt-funding plan, raising concerns about the telco’s ability to achieve a financial turnaround, according to a report by The Economic Times.

The delay follows a setback over the company’s adjusted gross revenue (AGR) dues after the Supreme Court rejected its curative petition to re-compute the figure.

As stated in the report, analysts expect the government to intervene and convert part of Vi’s outstanding dues into equity, providing some relief to the cash-strapped carrier.