seems to be a risky bet, Vodafone is losing more than 5 billion aud a year, is in dire need of cash to survive, losing customers every month for years now. It owe so much to the Indian Government that government has converted some of its debt by taking the part ownership. if govt converts 100 percent of its due for stake in Vodafone, it will end up with 81% stake.
Vodafone idea ltd, page-4
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