Vodafone faces an existential question after SC ruling2 min read 23 Jul 2021, 03:17 PM IST
While the fate of Tata Teleservices had already been sealed long before the case went to court, Bharti Airtel should be able to take the blow in its stride. The attention now is on the viability of Vodafone Idea’s business in India
Expectedly the Supreme Court has turned down pleas by some telcos to recalculate their adjusted gross revenue-related dues. Vodafone Idea, Bharti Airtel and Tata Teleservices, had cited errors in computation by the telecom department in their plea to the top court. However, it had always seemed a futile bid, particularly after the earlier order rejecting the self-assessment by the three.
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