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Vodafone Idea pays spectrum dues worth Rs 54.52 crore in September

07 Oct 2019 Evaluate

Vodafone Idea has paid Rs 54.52 crore to the Department of Telecom towards spectrum dues in September. The payment, which are towards deferred spectrum dues from the telecom companies, came on time.

In March 2018, the government enhanced the number of annual instalments for spectrum payment from 10 to 16 years to provide relief to the debt-laden telecom sector.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

Peers
Company Name CMP
Bharti Airtel 1837.00
Vodafone Idea 14.96
Indus Towers 372.70
Tata Communications 1768.00
Bharti Hexacom 1540.00
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