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Indus towers vodafone idea: Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4

Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi s past outstandings, ultimately settled in April.

Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4, ET Telecom

Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi s past outstandings, ultimately settled in April.

Indus Towers working with Vodafone Idea to recover dues; expects to benefit from telco s improving financial situation: Prachur Sah, MD

The tower infrastructure company expects Vodafone Idea’s fundraising to provide new growth opportunities soon as Vodafone Idea kickstarts its 4G expansion and 5G rollout in its 17 priority circles.

Indus Towers expects to benefit from Vodafone Idea s improving financial situation post FPO: MD Prachur Sah

The tower infrastructure company expects Vodafone Idea’s fundraising to provide new growth opportunities soon as Vodafone Idea kickstarts its 4G expansion and 5G rollout in its 17 priority circles.

PM Modi launched 5G internet in India: 13 cities will get 5G services in the first phase- Everything you must

Prime Minister Narendra Modi launched 5G at the Indian Mobile Congress 2022 and announced that 13 cities will receive the 5G services in the first phase. 4 cities- Chennai, Delhi, Kolkata, and Mumbai will be receiving the 5G speed by today itself, but in selected areas.

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