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Voda Idea to seek to convert dues into equity after moratorium ends: JP Morgan

Summary by Live Mint
The Aditya Birla Group-promoted telecom firm owes the Centre more than ₹2 trillion for spectrum bought in prior auctions as well as dues from adjusted gross revenues or AGR, that it needs to start repaying. In FY26, it must pay $3.5 billion, then $4 billion each year from FY27 to FY31.

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Live Mint broke the news in New Delhi, India on Tuesday, June 18, 2024.
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