Brief by Shorts91 Newsdesk / 01:15pm on 16 May 2025,Friday Business
Vodafone Idea (Vi) has issued a warning that it may not be able to continue operations beyond the financial year 2026 without further government aid. The telecom company is grappling with heavy debt and fierce competition in India’s market. Despite efforts to improve its financial health, Vi’s survival depends heavily on more support from the government, which holds a significant stake in the firm. This highlights the ongoing financial challenges in the Indian telecom sector and the critical role of government intervention for Vi’s future. (PC: The Economic Times)