Vodafone Idea seeks ₹35 per GB as minimum floor price
Struggling to clear adjusted gross revenue dues of ₹53,000 crore to comply with a Supreme Court order, the loss-making telco has sought 18 years time to clear the dues.
Vodafone Idea has sought fixing minimum tariffs for mobile data at ₹35 per GB, which is about 7 time the current rate, and for calls at 6 paise per minute along with monthly charges from April 1, to help it pay statutory dues.
Struggling to clear adjusted gross revenue dues of ₹53,000 crore to comply with a Supreme Court order, the loss-making telco has sought 18 years time to clear the dues, including a three-year moratorium on payment of interest and penalty, according to official sources.
In a letter to the Department of Telecommunications, the company said it wants minimum price of data should be fixed at ₹35 per gigabyte and minimum monthly connection charge at ₹50 from April 1, 2020. Current mobile internet prices are in the range of ₹4-5 per GB.
According to the source, Vodafone Idea wants minimum price of outgoing calls should be fixed at 6 paise per minute.
The demand to raise call and internet rates from Vodafone Idea comes within three months of the company raising rates by up to 50 per cent.
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