This news is shocking for 255 million Vi users around the world. The company may close soon!

Vodafone Idea Latest News:

According to the report, mobile installation tower installation company Indus Towers has given an ultimatum to Vi.

Indus Towers has said that Vi should clear its dues by November or else it will lose access to its towers.

After this news comes into the market, not only Vi but the entire telecom sector is going to be in turmoil.

Let us tell you that Indus Towers is the largest mobile installation tower installation company in India.

If Indus Towers blocks Vi from accessing the tower, 255 million Vi customers could be badly affected.

In February, Bharti Airtel had agreed to acquire Vodafone's 4.7 percent stake in Indus Towers with one condition.

The condition was that the proceeds would be used to invest in Vi and pay off the debt-ridden company's dues.

Now it will be interesting to see what Vodafone Idea (Vi) decides on this till the November deadline.