Home › Vi struggling to stay afloat as parent companies refuse reinvestment
 

Keywords :   


Vi struggling to stay afloat as parent companies refuse reinvestment

2021-08-04 02:00:00| Total Telecom industry news

Late last month, the Indian Supreme Court rejected calls from Bharti Airtel and Vi to recalculate the amounts due the government as a result of adjusted gross revenue (AGR) fees. Now, with a batch of repayments imminent, Vi is struggling to survive, with both of its parent companies, Aditya Birla Group and Vodafone Group, loathe to inject more funds into a potentially sinking ship.    The company is facing a roughly $3 billion shortfall in cash flows for FY2023 as a result of AGR…read more on TotalTele.com »

Tags: companies stay parent refuse

Category:Telecommunications

Latest from this category

All news
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
28.02This Week in Agribusiness, February 28, 2026
28.02This Week in Agribusiness, February 28, 2026
28.02Rent tops 1,000 a month in more areas - find out where
27.02What the Warner Bros deal could mean for streaming, cinemas and news
27.02JBS breaks ground on Cactus beef plant expansion
27.02Gov. Pillen signs bill to streamline livestock zoning processes
27.02Beefs positive consumer valuation driven by quality
27.02Sam Altman backs rival Anthropic in fight with Pentagon
More »