\"\"
<\/span><\/figcaption><\/figure>Mumbai: The Vodafone Group<\/a> will inject Rs 285 crore (35 million euros) more into India telecom joint venture Vodafone Idea<\/a> by September, as per an arrangement agreed during the 2018 merger of its Indian subsidiary and Idea Cellular<\/a>.

While announcing the fund infusion, the UK group also raised concerns over Vodafone Idea's ability to generate cash to settle or refinance its liabilities and guarantees, including those related to its dues to the government based on adjusted gross revenue.

This is in addition to a $200 million payment the Vodafone Group had announced in April under the contingent liability mechanism (CLM). \"…the group has assessed a cash outflow of 235 million euros under the agreement to be probable at this time and provided for this amount at 31 March 2020.”

The second tranche will help the telco meet some of its operational expenditure. The carrier also faces AGR-based dues to the government. It had paid Rs 6,854 crore in three instalments against the government’s demand of Rs 58,254 crore. The Vodafone Group though said DoT in the court submission had estimated the AGR liabilities at around Rs51,400 crore.

At the time of injecting the funds in April, the group had said the payment was to provide the Indian telco with liquidity to manage its operations amid the Covid-19 crisis.

Read also<\/h4>
<\/a><\/figure>
SC asks I-T dept to refund Rs 733 cr to Vodafone Idea<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea will bounce back despite AGR stress, says Bharti Infratel<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea shares jump over 9 pc as Vodafone Group makes about Rs 1,530 cr accelerated payment<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Plc may bail out Indian JV company through fund infusion<\/a><\/h5><\/div><\/div><\/div>
The Vodafone Group, Aditya Birla Group and Idea Cellular had agreed that the Vodafone Group and Vodafone Idea would reimburse each other on set dates for certain identified pre-merger liabilities and assets that could crystallise in future. Vodafone Group’s potential exposure under this mechanism was limited to Rs 8,400 crore (or 1.1 billion euros based on the exchange rates at the time). The UK based telco on Tuesday confirmed this.

Meanwhile, the group again raised concerns over the Indian venture, which is struggling under the AGR crisis. \"Significant uncertainties exist in relation to Vodafone Idea’s ability to generate the cash flow that it needs to settle, or refinance its liabilities and guarantees as they fall due, including those relating to the AGR judgement,\" it stated.

The Supreme Court is considering a case over the modality of the AGR payment. The UK group, in its preliminary results, said that it made a loss of 0.5 billion euros in FY20. \"Vodafone's share of losses related to Vodafone Idea (2.5 billion euros) is principally due to adverse legal judgments by the Supreme Court in India,” the Vodafone Group said, while noting that the value of Vodafone Idea on its balance sheet was nil.

The Group said it has also extended the long stop date on the agreement to merge
Indus Towers<\/a> and Bharti Infratel<\/a> to June 24. Vodafone Idea holds a 11.15% stake in Indus Towers and is looking to raise Rs 4,000-4,500 crore by selling its stake in the merged Indus Towers-Bharti Infratel entity.

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沃达丰集团沃达丰可能注入285卢比更多的想法

沃达丰集团可能会注入285卢比(3500万欧元)更多的印度电信企业,沃达丰的想法——9月,按事先达成共识的机制。

Devina森古普塔
  • 更新2020年5月13日08:08点坚持
阅读: 100年行业专业人士
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孟买:沃达丰集团将注入285卢比(3500万欧元)为印度电信合资企业沃达丰的想法在9月,因为每一个安排同意在2018年其印度子公司合并知道细胞

宣布该基金注入时,英国集团也表示关注沃达丰想法产生现金流的能力解决或为其债务进行再融资和担保,包括政府相关费根据调整后的总收益。

这是除了2亿美元支付沃达丰集团宣布在4月或有负债机制(CLM)。“…集团已经评估了2.35亿欧元的现金流出根据协议是可能的在这个时间和提供这个数量在2020年3月31日。”

广告
第二部分将帮助电信满足它的一些运营支出。承运人向政府还面临着AGR-based费。它已经支付了6854卢比的三个分期付款58254卢比的反对政府的需求。沃达丰集团虽然说点在法庭上提交估计AGR负债在Rs51,400卢比。

4月份时注入的资金,该集团表示,支付为印度电信提供流动性管理其业务在Covid-19危机。

读也


沃达丰集团Aditya Birla细胞组和想法了同意,沃达丰集团和沃达丰的想法将偿还对方设置日期收购某些确定的负债和资产未来可能使具体化。沃达丰集团的潜在风险在这种机制仅限于8400卢比(或11亿欧元根据当时的汇率)。基于英国电信周二证实了这一点。

与此同时,集团又担心印度合资公司,这是AGR危机下挣扎。“重大不确定性存在与沃达丰的想法产生现金流的能力,它需要解决,或为其债务进行再融资和担保到期,包括那些有关AGR判断,”它说。

最高法院正在考虑一个案例的形态AGR付款。英国集团在其初步结果,说它在FY20亏损05亿欧元。“沃达丰的份额损失与沃达丰的想法(25亿欧元)主要是由于不利的法律判断在印度最高法院,“沃达丰集团说,同时指出沃达丰的价值资产负债表上是零。

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该集团表示,它还延长了长期停止日期合并协议印度塔鼓吹6月24日。沃达丰持有11.15%的股份印度河塔和想法是希望通过出售股份筹集4000 - 4500卢比在合并后的印度河Towers-Bharti鼓吹他的实体。

  • 发表在2020年5月12日07:38点坚持
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\"\"
<\/span><\/figcaption><\/figure>Mumbai: The Vodafone Group<\/a> will inject Rs 285 crore (35 million euros) more into India telecom joint venture Vodafone Idea<\/a> by September, as per an arrangement agreed during the 2018 merger of its Indian subsidiary and Idea Cellular<\/a>.

While announcing the fund infusion, the UK group also raised concerns over Vodafone Idea's ability to generate cash to settle or refinance its liabilities and guarantees, including those related to its dues to the government based on adjusted gross revenue.

This is in addition to a $200 million payment the Vodafone Group had announced in April under the contingent liability mechanism (CLM). \"…the group has assessed a cash outflow of 235 million euros under the agreement to be probable at this time and provided for this amount at 31 March 2020.”

The second tranche will help the telco meet some of its operational expenditure. The carrier also faces AGR-based dues to the government. It had paid Rs 6,854 crore in three instalments against the government’s demand of Rs 58,254 crore. The Vodafone Group though said DoT in the court submission had estimated the AGR liabilities at around Rs51,400 crore.

At the time of injecting the funds in April, the group had said the payment was to provide the Indian telco with liquidity to manage its operations amid the Covid-19 crisis.

Read also<\/h4>
<\/a><\/figure>
SC asks I-T dept to refund Rs 733 cr to Vodafone Idea<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea will bounce back despite AGR stress, says Bharti Infratel<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea shares jump over 9 pc as Vodafone Group makes about Rs 1,530 cr accelerated payment<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Plc may bail out Indian JV company through fund infusion<\/a><\/h5><\/div><\/div><\/div>
The Vodafone Group, Aditya Birla Group and Idea Cellular had agreed that the Vodafone Group and Vodafone Idea would reimburse each other on set dates for certain identified pre-merger liabilities and assets that could crystallise in future. Vodafone Group’s potential exposure under this mechanism was limited to Rs 8,400 crore (or 1.1 billion euros based on the exchange rates at the time). The UK based telco on Tuesday confirmed this.

Meanwhile, the group again raised concerns over the Indian venture, which is struggling under the AGR crisis. \"Significant uncertainties exist in relation to Vodafone Idea’s ability to generate the cash flow that it needs to settle, or refinance its liabilities and guarantees as they fall due, including those relating to the AGR judgement,\" it stated.

The Supreme Court is considering a case over the modality of the AGR payment. The UK group, in its preliminary results, said that it made a loss of 0.5 billion euros in FY20. \"Vodafone's share of losses related to Vodafone Idea (2.5 billion euros) is principally due to adverse legal judgments by the Supreme Court in India,” the Vodafone Group said, while noting that the value of Vodafone Idea on its balance sheet was nil.

The Group said it has also extended the long stop date on the agreement to merge
Indus Towers<\/a> and Bharti Infratel<\/a> to June 24. Vodafone Idea holds a 11.15% stake in Indus Towers and is looking to raise Rs 4,000-4,500 crore by selling its stake in the merged Indus Towers-Bharti Infratel entity.

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