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
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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