Vodafone Idea Ltd, the one of three private carriers of the country is in big trouble, mostly financially. VIL and Airtel is hit by 16 year old dispute with DoT, the AGR calculation, as verdicted by highest court of the country by end of October, 2019. As per Supreme Court, operators have to pay Rs 92,641 crore dues (breakdown = Rs 23,189 crore as the disputed amount, Rs 41,650 crore of the levy of interest, Rs 10,923 crore as penalty and Rs 16,878 crore as interest on penalty. Just about three years ago, the total dues were just Rs 29,474 crore).
Out of this 46% would be from non-existing operators like Reliance Communications, Tata Teleservices, Aircel and others.
Out of this 46% would be from non-existing operators like Reliance Communications, Tata Teleservices, Aircel and others.
