Paid licence fee dues for first quarter of 2021-22: Vodafone Idea

Vodafone Idea Ltd (VIL) on Thursday said it has paid licence fee dues for the first quarter of 2021-22.

The comment came amid a report that the troubled telco — which is struggling to stay afloat — fell Rs 150 crore short on payment of licence fee for the June quarter.

“VIL has paid its licence fee dues for first quarter 2021-22,” a VIL spokesperson said in response to an email query by PTI.

The statement did not give out further details.

VIL is in the grip of an existential crisis, and the debt-ridden telco’s Q1 earnings and June quarter operational metrics announced on Saturday had left analysts disappointed.