Vodafone Idea in for a big breather as it may pay half of Rs 83,000 cr dues after 4-5-year moratorium

New Delhi: The government is likely to offer an interest-free moratorium of four to five years to Vodafone Idea (Vi) on over ₹83,000-crore of its pending statutory dues linked to adjusted gross revenue (AGR), giving immediate relief to the cash-strapped telecom operator.

After the moratorium ends, the company will be required to pay arrears in six instalments, but the amount is likely to be reduced substantially, to nearly half, after a reassessment of liabilities, people aware of details told ET.