Vodafone Idea Ltd's demand for a further relaxed payment schedule for their adjusted gross revenue (AGR) payment is unjustified and amounts to blackmailing the government, a non-profit group has said.
"We are astonished with the request of VIL to defer payment of Government dues due to its inability to raise funds which clearly establish its mismanagement of affairs in terms of operation and financial management. It has miserably failed to raise funds by dilution of equity and upgrade its networks with latest technology to reduce cost etc," said Telecom Watchdog in a letter to the Communications Minister.
Telecom is one