InvestorQ : Why has Vodafone again opted for a 4 year moratorium on payments?
Lavanya Subramanian made post

Why has Vodafone again opted for a 4 year moratorium on payments?

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Anamika Sodhani answered.
2 months ago
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Vodafone Idea has opted for a 4-year moratorium on Rs8,837 crore worth of AGR (annualized gross revenues) dues. If necessary, Vodafone Idea can also convert interest on deferred amount into equity stake to government. Incidentally, the government now already has 33% stake in Vodafone Idea against interest on dues. Telecom operators across India currently owe Rs1.65 trillion as adjusted gross revenues (AGR) share to the government up to fiscal year 2018-19. This is largely attributed to Vodafone and Airtel.

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