Indus Towers expects Vi to stick to payment plan cleared by its board
By
Biju Kumar
Indus Towers has said it hasn’t considered the model where cash-strapped Vodafone Idea (Vi) is clearing dues of rival telecom tower company American Tower Corp (ATC) by issuing convertible debentures. It, instead, expects Vi to clear its dues based on the payment plan recently approved by the Indus board.