Breaking

Post Top Ad

Wednesday, February 26, 2020

Can’t pay dues without government support: Vodafone Idea

Vodafone Idea has served an ultimatum to the government, warning the telecom department and the Prime Minister’s Office that it will not be able to pay the Supreme Court-ordered Rs 53,000-crore AGR (adjusted gross revenue) dues if it is not given an immediate bailout. “At this point of time, we do not have the financial strength to pay the balance, self-assessed principal, interest, penalty and interest on penalty," the company said.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2HZOxgm

No comments:

Post a Comment

Post Top Ad