Spectrum dues: Vodafone Idea demand for relief in FinMin hands

The department of telecommunications (DoT) will seek the finance ministry’s views on whether the two-year moratorium granted to telecom operators on payment of deferred spectrum instalment can be extended by another year.

The two-year moratorium was given to the telecom operators for FY21 and FY22, but Vodafone Idea has recently written to the DoT requesting for a one more year’s extension as it was unable to generate enough cash to pay the same. The company said the cash generated by it is going to meet its payment obligation towards adjusted gross revenue (AGR) dues.

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