Government Will Face Trouble if Vodafone Idea Exits The analysts also marked that the government will face financial distress if Vodafone Idea shuts down as the telco approximately owes a massive debt of Rs 1.3 lakh crore. Even if Vodafone Idea survived the AGR crisis, the telecom operator would have to increase their Average ARPU by approximately 40%. Not only this, to directly compete with Reliance Jio and Bharti Airtel, but Vodafone Idea will also have to invest roughly $ 1.15 billion annually to expand their 4G network operations. Sanjay Kapoor, who is the ex-CEO of Bharti Airtel marked that Bharti Airtel will clear AGR dues as its balance sheet allows it. However, Vodafone Idea will face trouble clearing off their AGR dues as the amount if three times more than Bharti Airtel. Telcos Appeal Government for Relief Measures Vodafone Idea appealed the government to provide relief measures as it would help the telco giant to survive the cash-crunch situation. The government is planning to give GST refunds of Rs 8,000 crore to telco giant and settle it towards AGR dues. Not only this, but the government is also planning to reduce the license fees along with spectrum usage charge (SUC). As after the Supreme Court verdict, Vodafone Idea has to pay Rs 58,254 crore towards AGR dues. Whereas, Bharti Airtel has to pay Rs 43,980 crore towards AGR dues. However, Vodafone Idea has just cleared its self-assessed principal amount of Rs 6,854 crore, and Bharti Airtel has cleared its self-assessed AGR amount of Rs 18,004 crore.
