Vodafone Plc Says Carrying Value Of Group's Investment In Vodafone Idea Is Nil
Zee Business Video Team | Updated: May 17, 2023 11:35 am
British telecom giant Vodafone Plc on Tuesday said the carrying value of the Vodafone Group's investment in debt-ridden telecom operator Vodafone Idea Ltd (VIL) is nil. The telecom group said VIL remains in need of additional liquidity support from its lenders and intends to raise additional funding. How much will it impact Vodafone Idea? Know the complete details from Kushal Gupta.