Vodafone Idea may put 4G expansion plans on backburner
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Speculation is rife debt-laden Vodafone Idea is now putting its 4G expansion and modernization plans on hold. It will make way for cash reserves to pay around Rs 53,000 crore by the end of January after a Supreme Court judgment upholding government’s claims against the telecom majors. Vodafone Idea would have to shut down if the telco doesn’t get any relief from the government or judiciary on AGR involving dues.