Deutsche Bank suggests merger with BSNL to save Vodafone Idea

The government must back state control of Vodafone Idea (Vi) by quickly merging it with Bharat Sanchar Nigam (BSNL) and recapitalise the ailing telco to save it from going bankrupt, especially after the Supreme Court ruled out any relief on its huge adjusted gross revenue (AGR) dues, brokerage Deutsche Bank said.

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