Voda Idea pays another Rs 1,000 crore to Govt

Telecom operator Vodafone Idea on Saturday said it has paid an additional Rs 1,000 crore to the Government towards the statutory dues, taking its total payment to an aggregate Rs 7,854 crore.

The fresh payment comes at a time when the Supreme Court is slated to hear the Adjusted Gross Revenue (AGR) matter on July 20.

The company had earlier deposited Rs 6,854 crore in three tranches, Vodafone Idea said in a regulatory filing.

“…The company has yesterday (July 17, 2020) paid a further sum of Rs 1,000 crore to the DoT (Department of Telecom) towards the AGR dues. The company had earlier deposited Rs 6,854 crore in 3 tranches,” the filing said.

With this, the company has paid an aggregate amount of Rs 7,854 crore towards the AGR dues, it added.