Vodafone Idea (Vi) cautioned the government that without its support, the company won't be able to operate beyond FY 2025–26, CNBC-TV18 reported. Vi warned that in the absence of government support, the telco will have to approach NCLT for insolvency. Vi also warned government's equity stake could fall to zero, resulting in no recovery of ₹1.18 lakh crore spectrum dues.