The company has maintained that continuation of its business will depend on the outcome of its modification plea filed before the Supreme Court. The firm is seeking more time to pay the dues, which is estimated to be over Rs 52,000 crore. Vodafone Idea Ltd (VIL), whose liability is estimated to be around Rs 53,038 crore, including Rs 24,729 crore of spectrum dues and Rs 28,309 crore in licence fee, has already warned of shutdown if no relief is given. Vodafone Idea is staring at dues worth Rs 53,000 crore that includes up to Rs 24,729 crore of spectrum dues and another Rs 28,309 crore in licence fee, Tata Teleservices around Rs 13,800 crore, BSNL Rs 4,989 crore and MTNL Rs 3,122 crore. Telecom operators are bound to pay as per the SC order and the department never gave them any extension.
Source: dna February 15, 2020 18:22 UTC