MUMBAI (NewsRise) -- India's recent relief measures for the telecom industry may help cash-strapped Vodafone Idea survive in the near term, but billions of dollars of debt and a stretched balance sheet make its long-term prospects bleak.
Telecommunication
India's support to telecom industry unlikely to sustain Vodafone Idea
Pile of debt, cash crunch could scupper mobile phone operator in long term
India's debt-laden telecom industry has been seeking a relief package from the government. © Reuters
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