Vi chief executive Akshaya Moondra, during an analyst call, mentioned that Vi has begun fresh dialogue with the government regarding the adjusted gross revenue (AGR) dues issue following the Supreme Court's order.
Last week, the apex court dismissed the telecom service providers' petitions seeking a recomputation of their AGR dues. The court's decision will require Vi to pay ₹70,000 crore to the government as AGR.
"We expect the bank funding to conclude in the next seven to eight weeks," Moondra said.
This story is from the September 24, 2024 edition of The New Indian Express.
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This story is from the September 24, 2024 edition of The New Indian Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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