15-yr period to pay AGR dues important for Voda Idea's survival: Analysts

The financially distressed Vodafone Idea has paid Rs 6,854 crore of its dues, of the Rs 58,254 crore-demand raised by the DoT. The company's own assessment, however, pegs the dues at Rs 21,533 crore

The Supreme Court on June 11 asked telecom majors like Vodafone Idea and Bharti Airtel to file affidavits within five days outlining the roadmap of how they would pay the adjusted gross revenue (AGR) dues if a staggered payment option is accepted by the apex court.

The SC bench, headed by Justice Arun Mishra, and comprising S Abdul Nazeer and M R Shah, was hearing the petition filed by the Department of Telecommunication (DoT) seeking relief via 20-year staggered payment for the telcos' dues along with a waiver of interest and penalty.

The financially distressed Vodafone Idea has paid Rs