Vodafone Idea offers to clear remaining Nokia dues of Rs 1,500 crore

Kolkata: Vodafone Idea (Vi) has proposed to clear its remaining legacy operational dues to Finland’s Nokia, amounting to around Rs 1,500 crore, in cash via multiple instalments by December 2025, multiple persons familiar with the matter told ET.

“But the Finnish vendor is yet to accept the proposal,” one of them said.

The loss-making telco had recently allotted 1,027 million equity shares to Nokia via a preferential issue to clear about half (read: Rs 1,520 crore) of its dues to the network solutions major.