Here’s where Vodafone-Idea may find money to pay AGR dues, if Supreme Court agrees
By
Biju Kumar
The planned merger of Bharti Infratel and Indus Towers and additional payment from Vodafone Plc may help crisis-hit Vodafone Idea make part upfront deposit for securing staggered payment of balance AGR dues, if the apex court permits, analysts said.
Hearing the AGR case on Thursday, the Supreme Court had said private telecom companies including Bharti Airtel and Vodafone Idea must come out with a “reasonable payment plan” and make some payment to “show their bonafide”.