Not received intimation on BG waiver yet: Vodafone Idea

Vodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Telecommunications (DoT) regarding the waiver of bank guarantees for deferred spectrum payments. Although the cabinet approved the waiver, Vi awaits confirmation. This decision would significantly benefit Vi, which faced a substantial bank guarantee requirement, and positively impact Bharti Airtel and Reliance Jio.