Vodafone-Idea Ltd (VIL) said on Thursday it paid the first quarter licensing fee of 2021-22. A company spokeswoman said, “VIL has paid its license fee for the first quarter of 2021-22.” It was first reported that the license fee paid by VIL fell by Rs 150 crore in the June quarter.
Let us tell you that Vodafone-Idea Limited is fighting for its existence. Telco’s Q1 earnings sinking in debt and operating metrics for the June quarter have disappointed analysts who announced on Saturday.
How much debt the company has: According to the first quarter results released by the telecom company, VIL’s total debt (excluding lease liabilities and interest but not outstanding) was Rs 1,91,590 crore as of June 30, 2021. This includes Rs 1,06,010 crore spectrum payment liability and Rs 62,180 crore adjusted gross income (AGR) liability.
What is the share price: Shares of Vodafone-Idea Ltd. opened at $ 45.45 on Wednesday. The stock price soared 12.37% compared to the previous day. The company has a market cap of Rs 18,534.33 crore.