New Delhi: Vodafone Idea has gone to the Supreme Court again to ask for relief from its massive AGR dues. The telecom company has requested the court to waive over Rs 30,000 crore, which includes penalties and interest charges. According to a report by CNBC-TV18, the company wants an urgent hearing on the matter on May 19.
The company said that the central government, which owns a 49 per cent stake in Vodafone Idea, cannot give it any more relief because of the strict rules set by the court’s earlier AGR judgment. However, Vodafone Idea added that since the government now owns almost half of the company, it should help avoid a complete collapse of the telecom sector.