'Vodafone Idea paid only 10-30% of licence fee, SUC for December quarter'
Vi was saddled with a net debt of around ₹2.2 lakh crore in the second quarter and ended it with a modest gross cash balance of ₹190 crore. The operator - India's only loss-making private telco - has been struggling to close its planned ₹20,000 crore fundraising via a mix of equity and debt. The government though estimates the telco needs ₹40,000-45,000 crore.
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