Govt may exit Vi, rope in pvt sector investor

THE GOVERNMENT'S NOD for arelief package to Vodafone Idea may set the stage for its potential exit from the beleaguered telecom operator.

- SOUMYARENDRA BARIK & ANIL SASI

Also under active consideration is the possibility of bringing in an investor from the private sector, actively under consideration, top government sources, who did not wish to be named, told The Indian Express.The Union Cabinet’s decision on Wednesday to freeze the debt-ridden telecom operator’s hefty adjusted gross revenue (AGR) dues of ₹87,695 crore for the next five years affords visibility over future liabilities, a precondition put forth by the private sector, the sources said.