Investors unwilling to invest in telco untill industry health improves: Voda Idea to DoT

Vodafone Idea NSE -2.21 % has said that investors are not willing to put in money into the cash-strapped telco unless tariffs rise and the health of the industry improves. It added that it needs another year to pay its Rs 8,292 crore dues related to spectrum purchased in auctions as it is not generating adequate cash from operations and adjusted gross revenue (AGR) payments are taking away liquidity.