The Department of Telecommunications (DoT) has issued a notice to Vodafone Idea for failing to submit the required bank guarantees related to past spectrum auction dues.
These guarantees were due in phases, with the first tranche expected by September 20, 2024. Vodafone Idea, a joint venture between Vodafone Group and Aditya Birla Group, risks financial consequences as its moratorium on spectrum auction payments ends in September 2025