Even with fund infusion, Vi balance sheet will continue to be weak: Nitin Soni

Nitin Soni, Senior Director, Corporates, Fitch Ratings, says as far as ARPUs are concerned, Vodafone Idea even with the fund infusion would still be a weaker entity compared to Bharti Airtel and Reliance and still need to raise tariffs to increase their cash flow from operations because the AGR payment and the other deferred spectrum payment are coming up in the next couple of years for Vodafone Idea. It will still take a lot of toll on the balance sheet of Vodafone Idea. So, they are the ones who need to raise tariffs the most in the sector.

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