Vodafone Idea resumes relief talks with govt., links capex to bank funding

Vodafone Idea Ltd has begun discussions with the government to explore a resolution on the telecom operator’s substantial dues, barely two weeks after the Supreme Court rejected its plea for a waiver on related payments.

The struggling company is also engaging with banks to secure debt funding for its long-term expansion, chief executive Akshaya Moondra said, adding that banks would want clarity on the dues the telco owes to the government before they agree to lend.