Vodafone sign board. (File photo | Reuters) 
Business

Vodafone Idea pays Rs 1,000 crore to telecom department towards AGR dues

In all, Vodafone Idea owes Rs 53,000 crore to the telecom department.

From our online archive

NEW DELHI: Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said.

The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, Vodafone owes Rs 53,000 crore to the telecom department.

The DoT source have said that notices will also be sent to Tata Teleservices for recovery of full dues in a day or two. The company is said to have paid Rs 2,197 crore to the government on Monday. However,  DoT's calculations peg the outstanding amount at over Rs 14,000 crore.

On Tuesday, Vodafone Idea Chairman Kumar Mangalam Birla met Telecom Secretary Anshu Prakash as he looked for options to keep the company afloat.

After the meeting, Birla said he "cannot say anything at the moment." Birla, who met the telecom secretary for over an hour, was accompanied by Ravinder Takkar, MD & CEO of Vodafone Idea.

He refused to respond to queries on whether or not Vodafone Idea Ltd (VIL) would default on payment of AGR dues or if the company could head towards insolvency.

The real AI story of 2026 will be found in the boring, the mundane—and in China

Migration and mobility: Indians abroad grapple with being both necessary and disposable

Days after Bangladesh police's Meghalaya charge, Osman Hadi's alleged killer claims he is in Dubai

Post Operation Sindoor, Pakistan waging proxy war, has clear agenda to destabilise Punjab: DGP Yadav

Gig workers declare protest a success, say three lakh across India took part

SCROLL FOR NEXT