Latest: Vodafone Idea telecom company shutting down in India after 2026

VI shutting down

Introduction:

There are many big telecom companies in India, one of which is a company named Vodafone Idea telecom company, which is stuck in a very big crisis. If the company does not get rid of the adjusted gross revenue AGR dues, then it will stop its service from next year 2026, which raises big questions for the future, but has become a matter of concern for the entire Indian telecom sector, so let’s know in detail about this company.

Background:

Vodafone Idea came to India in 2018, at that time it became the largest company in India, but after the arrival of Jio and Airtel, this company gradually went down and the Supreme Court’s 2019 decision regarding AGR dues made the company’s financial situation even more difficult, due to which this company will not be able to survive for long in the future.

AGR Dues:

Vodafone Idea company currently has AGR dues of more than Rs 58000 crore. The company had demanded from the Supreme Court to waive the interest and penalty on this dues, but the court did not accept it and rejected it. Apart from this The company was also not successful in giving spectrum guarantee of 6090 crores, due to which the company got into more trouble

Vodafone Idea telecom company

Operational challenges:

The company had planned to start 5G service in 75 cities by 2025, but due to lack of money, this plan was not completed on time, due to which the company’s loss in the last month of December 2024 was 6609 crores, which shows that the company is still not in profit

Government’s role and possible solution:

If the Vi company closes down, then the government may face a lot of difficulties in recovering spectrum dues of about 90000 crores and bank loans of more than 25000 crores and all the consumers of India will be left with only two options, which are Jio and Airtel, due to which these companies can increase their recharge plans further, due to which consumers will have to face a lot of difficulties

As a solution, the government can convert some parts of the company’s dues into equity, due to which the company can get capital and the debt burden will be reduced, due to which the company can again It can move forward but this idea has to be taken thoughtfully for both responsibility and market stability

If VI telecom company shut down:

If Vodafone Idea company shuts down in India, then it will have a huge impact on the users of India because there are still many users of Vodafone Idea in India who will be left with only two options which are Jio and Airtel. If only Jio and Airtel companies remain, then they can increase their recharge plans in their own way, so it is very important to have Vodafone Idea company in India

Conclusion:

If Vodafone Idea shuts down, then the problem of stability and instability can come in the telecom sector of India. This problem is not only of one company but of the whole system where there is a need to maintain balance in policy, competition and capital management. The government, the company and other related parties will have to come together and make an idea so that balance is maintained in the telecom sector so that consumers can get internet at a very cheap price and that too with the best facilities.

https://techslearn.com/latest-realme-gt-7t-best-all-rounder-gaming-smartphone/: Latest: Vodafone Idea telecom company shutting down in India after 2026 https://techslearn.com/latest-tecno-pop-9-5g-launched-under-10000/: Latest: Vodafone Idea telecom company shutting down in India after 2026

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