Vodafone Idea a fundamentally strong company; only needs support to pay AGR dues: EY
Vodafone-Idea stands to lose the most when it comes to adjusted gross revenues. The overhang from public sector undertakings has clearly been lifted. The Solicitor General Tushar Mehta has even submitted an affidavit today withdrawing notices worth Rs 3.7 lakh crore. Vodafone-Idea says we will deposit all documents to show we are not even making profits. Ship is barely afloat. Only way is to earn and pay for over 20 years. To which the Supreme Court has also said what guarantee do we have that you will not go into insolvency in 20 years. This is what the mood point seems to be from the last hearing: how do we know that the company that stands to lose the most will not file for bankruptcy?