Vodafone Idea falls Rs 150 crore short on payment of licence fee

NEW DELHI: As it fights a desperate survival battle amidst heavy losses and mounting debt, Vodafone Idea has failed to pay the full licence fee to the government for the first quarter of this fiscal, with a shortfall of nearly Rs 150 crore.

This is the second quarter of delayed payments by the company towards its licence fee, and will lead to a fresh penalty and dues demand over and above the nearly Rs 1.6 lakh crore that it has to already pay to the department of telecom.