Vodafone Idea clears Rs 1,500 crore DoT bill
By
Binu Mathew
Vodafone Idea has paid dues worth Rs 1,500 crore, comprising revenue share licence fee and spectrum usage charges, to the department of telecommunications (DoT).
This includes, around Rs 720 crore which were pending for the January-March quarter. The balance is the full payment for the April-June period. These are concurrent dues, which are not covered by the four-year moratorium.
This is for the first time in recent years, that the company has paid the statutory quarterly bills raised by DoT in full and on time.