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Vodafone asked to pay $302 million ahead of merger of India businesses| Reuters

Nov 24, 2015    

MUMBAI The Supreme Court has asked Vodafone Group Plc (VOD.L) to pay 20 billion rupees ($302 million) to the government in relation to the phone carrier's plans to merge four of its operating businesses ahead of a share listing.Vodafone India Ltd, the country's second-biggest mobile phone carrier by customers and revenue, is contesting at a telecoms tribunal government charges of about $1.1 billion for merging the businesses.The Supreme Court on Monday asked Vodafone for the $302 million as an interim payment, according to a lawyer on the case. The government will allow the merger process to ...

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