Vodafone Idea (Vi) has asked the Indian government for more time to pay its licence fee dues for the March quarter, proposing to pay just 10% now and the balance of 90% over the next four months. The firm said it was struggling financially, but insisted that it had paid all statutory dues until the end of the previous quarter. The request for extra time follows the government's conversion of some of Vi's accrued interest towards AGRs into equity earlier this year.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/Aoqz6ve
Friday, April 7, 2023
Vodafone Idea pays 10% of Q4 licence fee dues, seeks time till July 31 to clear balance
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