Vendors are likely to consider seeking advance payments from Vodafone-Idea for Jan 2023 onwards. Sources told CNBC-TV18 that pending dues, payment history by Vodafone-Idea are not inspiring confidence among vendors.

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Sources added further that Indus Tower board may consider "drastic measures" like discontinuing services to Voda Idea in case of non-payment of advance dues. The Indus Tower board is scheduled to meet on Jan 24.

CNBC-TV18 has reached out to Vodafone-Idea for a comment and the story will be updated post response.

Earlier CNBC-TV18 had reported that lenders led by State Bank of India are not in favour of granting additional loans to the company until there is clarity on government's equity conversion.

The government has already told the telecom company that it will be considering converting licence fee and government dues into equity only after the company infuses more capital.

The company has immediate dues of around Rs 7,000 crore to Indus Towers. In November as well as December, Indus Towers had written a warning letter to Vodafone Idea — 'pay up or otherwise the services will be affected' because Indus Tower is a tower tenant for Vodafone Idea.

The lenders are also concerned that any fresh loans if granted, will be used to repay existing debt and not to invest in new business.

Also Read: Vodafone Idea repayment due to Indus Towers in focus

According to lenders, the immediate requirement for Vodafone Idea to take care of its financial dues is upwards of Rs 24,000 crore.

Shares of Vodafone Idea are at Rs 7, up by 1.36 percent from the previous close on the BSE.

Also read: Vodafone Idea slumps to 52-week low after lenders not in favour of granting additional loans