Vodafone Idea’s shares fell sharply after the Supreme Court denied relief on massive dues. With stalled funding, mounting losses, and shrinking market share, the company faces an uncertain future. The state risks losing its investment as Vi teeters between collapse and survival.
India’s Supreme Court has upheld the $11 billion dues from telecom giants Bharti Airtel and Vodafone Idea, rejecting appeals to recalculate these AGR fees. Despite financial struggles and competitive market pressures, the court has ruled out any miscalculation claims.
