Vodafone Idea, Airtel make partial payments after SC tough talk
New Delhi: Vodafone Idea Ltd and Bharti Airtel Ltd, the worst affected by the top court’s verdict on the adjusted gross revenue case, made partial payments of their dues to the government on Monday after the court pulled up the operators for failing to meet the payment deadline set by it.
Vodafone Idea’s board on Monday decided to immediately pay ₹2,500 crore to the department of telecommunications (DoT) and pay an additional ₹1,000 crore before the end of the week. “The board will take further stock of the situation to see how additional payments can be made,” Vodafone Idea said in an exchange filing. Vodafone Idea’s dues total about ₹50,000 crore, according to government estimates.