Vodafone forced to delay Rs 25000 crore debt raising plan amid AGR dues uncertainty

Vodafone Idea Ltd (VIL) may be forced to delay plans to raise ₹25,000 crore by way of debt as lenders are waiting to see the government’s response to the telecom company’s plea for some reduction in the payback of its legacy dues.

In September, the Supreme Court had dismissed petitions filed by telecom companies seeking a retabulation of the adjusted gross revenue (AGR) dues to weed out errors that it claimed had crept into the calculations.