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Wireless

Vodafone Idea to use rights issue proceeds to pay Supreme Court ruling

Tuesday 14 January 2020 | 10:34 CET | News
Vodafone Idea announced it will use part of its rights issue held last year to pay off the licence fees and spectrum charges ordered due by the Indian Supreme Court in its ruling in October 2019. The company had planned to use the proceeds for debt reduction and paying other regulatory fees. 

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Categories: Mobile & Wireless
Companies: Vodafone Idea
Countries: India
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