Debt of telecom companies post 2010
Outstanding debt (non-current liabilities) (Rs. crores)
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
2009
2010
2011
2012
2013
2014
2015
2016
2017
Bharti Airtel
Idea Cellular
Vodafone (India)*
Tata Teleservices Maharashtra
Reliance Communications
Tata Communications
MTNL
*Net debt of Vodafone (India) is estimated at Rs. 55,200 crores (Dec-2016) by Jefferies Equity Research & Strategy