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DoT to recover Rs 55 billion in telecom-related dues from Idea Cellular

June 22, 2018

The Department of Telecommunications (DoT) has decided to recover telecom-related dues of around Rs 55 billion from Idea Cellular ahead of the Vodafone India-Idea Cellular merger. This is because Idea Cellular is the transferee and Vodafone India the transferor.

The dues of Vodafone India relate to the 2015 merger of its six companies, which DoT has decided to raise from Idea Cellular. DoT had sought the views of the Additional Solicitor GeneralĀ  (ASG) on whether it can raise a fresh demand on dues related to the 4.4 MHz administratively allocated spectrum to Vodafone India. The Merger and Acquisition Guidelines 2014 also state the same.

Though the amount to be demanded is not clear, the DoT is likely to raise around Rs 21.13 from Idea Cellular over its own one-time spectrum charges dues.

 
 

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