Vodafone-Idea merger hits hurdle as India's DoT demands $1.04b to approve deal

Vodafone-Idea merger hits hurdle as India's DoT demands $1.04b to approve deal

Photo by Reuters

The Department of Telecommunications (DoT) has demanded Rs 3,900 crore in cash and Rs 3,300 crore in bank guarantees towards one-time spectrum charges to clear the merger of Vodafone India and Idea Cellular, a senior DoT official said.

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