Can Vodafone Idea survive in a three-pronged battle in the private mobile services space?
For the answer, consider this: Starting FY23 Vodafone Idea has the burden to pay an additional over Rs 9,200 crore annually that includes its AGR dues as well as the increase in the deferred spectrum payment, once the two-year moratorium offered by the government is over.
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues. That is, of course, if the Supreme Court endorses the formula of the Department of