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Explained: How Vodafone Idea can survive in the three-pronged battle

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.

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It’s worth noting that while the two-year moratorium on the spectrum payment will surely help Vodafone Idea tide over its immediate financial crisis, it has to pay a higher bill from FY23 — an additional Rs 4,023 crore for spectrum.

Surajeet Das Gupta New Delhi
Can Vodafone Idea survive in a three-pronged battle in the private mobile services space?

For the answer, consider this: Starting FY23 Vodafone Idea has the burden  to pay an additional over Rs 9,200 crore annually that includes its AGR dues as well as the increase in the deferred spectrum payment, once the two-year moratorium offered by the government is over.

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues. That is, of course, if the Supreme Court endorses the formula of the Department of