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Vodafone Idea expects to conclude talks with lenders, investors by FY end: Takkar
Vodafone Idea evaluating govt’s option to convert interest dues into equity: CFO
Network Transformation: Empowering Telcos for the ..
Telecom Transformation and The Digital Vision
The countries with the most installs of the app during this period were India at about 30 per cent of its total downloads and Brazil at more than 12 per cent, reports Sensor Tower.
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“The company’s ability to continue as a going concern is dependent on its ability to raise additional funds as required and successful negotiations with lenders for continued support and generation of cash flow from its operations that it needs to settle its liabilities as they fall due,” said the telco.
Jio lost over 11 million subscribers in the second quarter ended September at 429.5 million users as low-end mobile users did not recharge owing to financial difficulties due to the pandemic.
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