This is because, with the government converting spectrum dues worth ₹36,950 crore, the telecom operator would now have to pay a total of over 66% less in statutory dues over the next three years after the expiry of the current moratorium later this year. However, analysts said the company must meet a yearly ₹43,000 crore payment obligation (spectrum and adjusted gross revenue dues) to the government over FY28-31.
Without equity conversion, Vodafone Idea’s payable spectrum dues to the government would have been ₹11,000 crore for FY26. For FY27 and FY28 each, the spectrum-related outgo would have been ₹25,000 crore.
However, with the conversion, the company’s dues…
