Overview

• Vodafone Idea has filed a writ petition with the Supreme Court to waive ₹45,457 crore in adjusted gross revenue (AGR) dues, primarily interest, penalties, and interest on penalties.
• The company is not contesting the ₹12,797 crore principal amount and has already paid ₹7,854 crore toward its AGR obligations.
• The Department of Telecommunications rejected Vodafone Idea's earlier plea for relief on April 29, citing the binding nature of a 2020 Supreme Court ruling.
• Vodafone Idea, which serves 200 million subscribers and employs over 20,000 people, warns that its collapse could create a telecom duopoly, threatening competition and consumer welfare.
• The Supreme Court is set to hear the petition on May 19, a decision that could determine the company's survival and broader market dynamics.