Vodafone Idea to pay AGR dues, but raises going concern issue again

Telco provides no clarity on amount, says assessment in next few days

Breaking hours of silence after the Supreme Court refused to offer any relief to the financially stressed telecom industry, loss-making firm Vodafone Idea announced on Saturday evening that it would pay its dues linked to adjusted gross revenue (AGR) in the next few days after assessing the amount. 

While not specifying how much it would pay out of its total dues estimated at Rs 54,000 crore, the company reiterated that there was uncertainty in continuing as a going concern. The statement came after a board meeting, which discussed the road ahead for the company. 

Nick Read, group CEO of UK-headquartered Vodafone, had