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India grants Vodafone Idea moratorium on telecom dues

Dec 31 (Reuters) - India has granted a five-year moratorium on adjusted gross revenue (AGR) dues owed by Vodafone Idea VODA.NS, a govt source told Reuters on Wednesday.

The relief comes months after India's top court said the government can consider the company's relief request for all of its AGR dues.

Vodafone Idea did not immediately respond to a Reuters request for comment.

 (Reporting by Nigam Prusty, writing by Chandini Monnappa; Editing by Janane Venkatraman)

 ((Chandini.M@thomsonreuters.com; https://www.linkedin.com/in/chandini-monnappa-8a37b013b/;))

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