BHARTIARTL

IDEA

- Stock on radar as they have received big relief from High Court

In a relief for telecom operators Bharti Airtel and Vodafone Idea, the Bombay High Court on Monday quashed the government's demand notices seeking one time spectrum charges (OTSC) over the levy on spectrum held beyond 6.2 megahertz (MHz) from 2008 onwards. -

In the 13-year legal battle, this ruling would potentially provide a total relief of over ₹24,000 crore to the companies. According to the FY25 annual report of Airtel, it had disclosed a contingent liability towards OTSC of ₹6,600 crore. Its total liability towards OTSC rose to ₹16,500 crore as of March end 2025, including the interest of ₹9,954 crore. Vodafone Idea’s exposure was at ₹7,581 crore, as per its FY25 annual report. It was not clear whether the amount includes the interest. The amount could rise based on the interest calculations. All this is for information. this is not a buy/sell recommendation. Thank you, Technofunda24