Tough call: Vodafone Idea asked to top up Rs 6,091 cr for 2015 spectrum shortfall
By
Binu Mathew
The department of telecommunications (DoT) has asked Vodafone Idea to either provide a bank guarantee worth Rs 6,091 crore for a period of one year or pay Rs 5,493 crore in cash for shortfall towards 2015 spectrum auction dues.
This comes after DoT granted a waiver of bank guarantee worth Rs 24,800 crore to Vodafone Idea for spectrum auctions held in 2012, 2014, 2016, and 2021.