Fresh relief: Cabinet freezes Vodafone Idea dues at Rs 87.7k crore

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.