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Vodafone Idea Spectrum Payment Obligations Can be a Burden
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Vodafone Idea Spectrum Payment Obligations Can be a Burden
Vodafone Idea Limited (VIL), the third-largest telecom operator, has to pay thousands of crores in spectrum usage charges (SUC) to the telecom department. The payments will start from FY27, which will amount to Rs 7,000 crore in FY27, Rs 15,000 crore in FY28, and Rs 28,000 crore in FY29. These are huge payments, and will definitely put Vodafone Idea’s free cash flow (FCF) under stress, said a recent report from BofA Securities. The telco’s AGR (…
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