Birla meets Telecom Secy as Voda Idea stares at over Rs 53K cr AGR dues

Amid talks of the Government mulling encashing of bank guarantee over default in payment of dues, Vodafone Idea Chairman Kumar Mangalam Birla on Tuesday met Telecom Secretary Anshu Prakash as he looked for options to keep the company afloat.

After the meeting, Birla said he “cannot say anything at the moment.”

Birla, who met the telecom secretary for over an hour, was accompanied by Ravinder Takkar, MD & CEO of Vodafone Idea.

He refused to respond to queries on whether or not Vodafone Idea Ltd (VIL) would default on payment of AGR dues or if the company could head towards insolvency.

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