Bharti expected to manage payment, Voda Idea may find it tough, say analysts on AGR verdict

NEW DELHI: Vodafone Idea Ltd may struggle to pay its dues in the 10 years that the Supreme Court granted to telecom companies to clear past statutory dues, analysts said on Tuesday. While Vodafone struggles to clear its dues, Bharti Airtel may be able to meet the payment schedule, brokerage Motilal Oswal Financial Services said.

The Supreme Court in its verdict on Tuesday rejected the demand for a 20-year time for telecom companies to clear an estimated Rs 1.6 lakh crore in past dues but allowed the liability to be cleared in 10 years.