Cabinet Throws Lifeline To Vodafone Idea, Freezes Rs 87,695 Crore Dues In Major Telecom Relief

The Union cabinet has frozen Vodafone Idea's AGR dues at Rs 87,695 crore, with payments rescheduled over 10 years starting 2031-32. This decision, aimed at public interest and consumer welfare, offers the beleaguered telecom company a significant financial reprieve. Despite the relief, the company's shares saw a decline.