Vi surges on hopes for spectrum payment relief
Vi’s stock has revived by news that the Indian government has agreed that bank guarantees should be scrapped for deferred spectrum payments.
This article includes:
- Organisations: Aditya Birla Group; American Tower Corporation; Department of Telecommunications; Ericsson; Nokia; Samsung; Supreme Court; Union Cabinet; Vi.
- Geographic: India.
- People: Akshaya Moondra.
- Themes: 4G; 5G; Adjusted Gross Revenue; bank guarantees; debt funding; deferred spectrum payments; equity issue; follow-on public offering; mobile operators; network expansion; spectrum auctions.
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