By CNBCTV18.com Aug 20, 2021 10:41:06 AM IST (Published)
Vi remains under the cosh as it still owes adjusted gross revenue (AGR) dues to the tune of Rs 62,180 crore to the Centre. Besides, Vi also has to pay deferred spectrum payment obligations of Rs 1,06,010 crore.
Despite a massive cash crunch, Vodafone Idea (Vi) paid its licence fee dues for the first quarter of 2021-22, the beleaguered telco revealed on Thursday. Without specifying the amount, Vodafone Idea said that it paid the entire outstanding dues for the quarter.
Earlier, a Times of India report had said that Vi didn't pay the entire dues for the first quarter of FY22 and the telecom company fell short of Rs 150 crore. However, talking to CNBC TV-18, Vi clarified that it has paid the payable license fee dues for the April-June period.
Nonetheless, Vi remains under the cosh as it still owes adjusted gross revenue (AGR) dues to the tune of Rs 62,180 crore to the Centre. Besides, Vi also has to pay deferred spectrum payment obligations of Rs 1,06,010 crore.