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Vodafone Idea seeks postponement of spectrum payment installments - report

Thursday 31 January 2019 | 11:09 CET | News
Indian operators Vodafone Idea and Bharti Airtel have requested the government to defer spectrum payment instalments with a 2-year moratorium. Vodafone CEO Nick Read met with Aruna Sundararajan, secretary of India's Department of Telecom, to seek postponement in spectrum payments of the operator's Indian unit Vodafone Idea, The Economic Times reports, citing an unnamed source with knowledge of the matter. "The meeting between telecom secretary and Read was held on Monday to discuss relaxation in spectrum payment for Vodafone Idea," a source privy to the development said.

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Categories: Mobile & Wireless
Companies: Bharti Airtel / Vodafone Idea
Countries: India
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