Will need government support for timely repayment: Voda Idea to lenders

MUMBAI | KOLKATA: Vodafone Idea’s top management has cautioned lenders that timely repayments may not be possible without urgent relief from the government if the telecom department decides to invoke bank guarantees to recover dues in the next three months, people familiar with the matter said.

Apart from looking to state support, the telco is planning to sell its data centres as well as its optic fibre network to raise funds, managing director Ravinder Takkar said on an analyst call on Friday.