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Government evaluates alternatives to support Vodafone Idea

Business

The government is looking at ways to help Vodafone Idea (Vi) after the Supreme Court turned down its request for relief on unpaid dues. With Reliance Jio and Airtel dominating, officials want to keep Vi in the game to avoid a two-player market.

Vi's future still hangs in balance

If Vi shuts down, it could mean less choice and higher prices for everyone. The company has warned it might close after 2026 without help, as it's struggling with big losses—₹7,166 crore last quarter—and losing 1.6 million users. The government is considering a pause on payments and nudging banks for support, but Vi's future still hangs in the balance.