Vi is also in talks with Indus Towers which has asked Vi to pay its dues of Rs 7,000 crore by November or face action
Last Friday, firm's Vi decided to issue 16,000 OCDs to American Tower Corporation and raise Rs 1,600 cr. Company has convened EGM on November 21 to approve the plan
Crippling debt, falling subscriber numbers, super-aggressive competitors and a government dragging its feet on a debt-to-equity conversion make the going tricky
Board approves issue of debentures
Vodafone Idea had the highest data download rates, across both 3G and 4G networks in the most number of cities