Vodafone Idea cautions Centre, can't operate beyond FY26 without support: Sources to CNBC-TV18
4 Articles
4 Articles
Vodafone Idea may shut down in 10 months, know the reason?
Vodafone Idea Limited has again filed a petition before the Supreme Court for exemption on government dues. In its petition filed in the Supreme Court this week, the company said that without bank funding, the company will not be able to operate beyond the financial year 2025-26, as it does not have the capacity to pay the AGR installment of Rs 18,000 crore to the Department of Telecommunications due in March 2026. Vodafone Idea has sought a wai…
Vodafone Idea seeks $3.5B waiver
Debt-ladened Vodafone Idea reportedly again appealed to India’s highest court for relief on its massive adjusted gross revenue (AGR) liabilities, claiming it cannot continue to operate beyond the current fiscal year (ending 31 March 2026) without new loans. The operator petitioned the Supreme Court to waive INR300 billion ($3.5 billion) in penalties and interest, Mint reported. In the petition, Vodafone Idea claimed without its AGR liabilities b…
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