Daybreak

In February this year, Vodafone Idea gave away a 33% stake to the Indian government and the government converted a part of its dues into equity. Many analysts though think even this cannot save the sinking telco.

Because the company still owes the government $23 billion and banks $1.5 billion. And it also needs $6 billion for an all-India network upgrade to roll out 5G.

Vodafone Idea has too much to deal with—a towering mountain of debt, a ruthless giant of a rival, and the merger with Idea that turned out to be a bad decision.  

In today's episode, we look at the possible outcomes of how the saga of the struggling telco could end.

Tune in.



What is Daybreak?

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.

Hosted from The Ken’s newsroom by Snigdha Sharma and Rahel Philipose, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.