Is Vodafone Idea Rescue 2.0 Sufficient? Expert Weighs In

Balaji Subramanian, vice president of research at IIFL Securities, said he won't be surprised if Vodafone Idea asks for another equity conversion 18–24 months down the line as cash flow issues crop up. The expert expects debt raise of Rs 25,000 crore by the telecom operator soon. If not for this conversion, annual payments by Vodafone Idea would have been much higher, he said, adding that the amount being paid by the company every year continues to remain high.