Government to hold 33% stake in Voda Idea post equity conversion: Ravinder Takkar - Economic Times


5/11/2022 12:00:00 AM3 yearsago
by Kalyan Parbat and Urvi Malvania

The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At prese…

The government will hold around 33% in Vodafone Idea (Vi), post-conversion of the latters accrued interest liability (on deferred dues) into equity, while the telcos promotersUKs Vodafone Plc and Ind… [+3840 chars]

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