International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 2 March-April 2024 Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

Financial Distress of Telecom Sector in India- a Study of Reliance Communication and Vodafone Idea

Author(s) Dr. Amulya M
Country India
Abstract This study focused mainly to understand in retrospect the development of financial distress of two companies and has not delved into the details of economic factors. This opens up scope for further research to identify the impact of exact factors that may have contributed towards the distress of the respective to the companies under study.
This study focused for the periods 2018-2022 and considered two companies namely, Vodafone Idea and Reliance Communication. The lack of revenue generation, AGR dues, high debts, inability to clear debts, insufficiency of cash and losing of market share have all contributed to the same. The applied distress models have all predicted the that said companies are in a state of distress. Also, between the models not much variation can be seen in terms of the final prediction.
Keywords financial distress, Vodafone Idea, Reliance communication, telecom sector
Field Business Administration
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-03-26
Cite This Financial Distress of Telecom Sector in India- a Study of Reliance Communication and Vodafone Idea - Dr. Amulya M - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.15749
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.15749
Short DOI https://doi.org/gtppfj

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