Vodafone Idea pays Rs 1,700cr to govt for 2022 spectrum buy

NEW DELHI: Embattled Vodafone Idea has paid Rs 1,700 crore to the government as part of payment towards 5G and other spectrum bought last year.

The payment made by the company, which is facing heavy debt and mounting liabilities amidst loss of subscribers, also includes a small portion of interest towards delayed payment. It was supposed to pay the amount last month.

“We have received a cheque for Rs 1,700 crore by Vodafone Idea for spectrum and interest liabilities,” an official source said.