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VIL falling behind over subscriber churn, low network investment: Analysts

Vodafone Idea (VIL) has estimated statutory dues liability of Rs 65,440 crore

vodafone, idea, VI
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The board of VIL has approved fund raising of Rs 25,000 crore, which according to the company's Managing Director and CEO Ravinder Takkar is likely to be concluded in the next two-three months

Press Trust of India
Telecom operator Vodafone Idea is losing competitive position due to continuous reduction in subscribers, low investment in network and rising debt, market analysts said on Monday.

The debt-ridden telecom firm on October 30 reported a consolidated loss of Rs 7,218.2 crore for the quarter ended September 2020. Its subscriber base declined by around 4 crore on a year-on-year basis to 27.98 crore while the debt stood at Rs 1,15,940 crore.

Vodafone Idea (VIL) has estimated statutory dues liability of Rs 65,440 crore.

"VIL is the weakest private telco. While AGR extension is a short-term breather, its survival hinges on quick capital infusion and

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