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Vodafone assesses payment to India in dispute over dues [Yahoo! Finance News]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)  More Company Research Source: Yahoo! Finance News
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
By Aftab Ahmed NEW DELHI Reuters) - Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days. India ordered mobile carriers on Friday to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling. The move threatens the survival of Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, as the unit is saddled with about $3.9 billion in overdue payments. "The Company is currently assessing the amount that it will be able to pay to DoT Department of Telecommunications) toward the dues calculated," Vodafone said in a statement. "The Company proposes to pay the amount so assessed in the next few days." Vodafone did not give details of the amount it was likely to pay. A company spokesman declined to provide details on f [Read more]
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Stockreport

Vodafone assesses payment to India in dispute over dues [Yahoo! Finance News]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares  (VOD) 
More Company Research Source: Yahoo! Finance News
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
By Aftab Ahmed NEW DELHI Reuters) - Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days. India ordered mobile carriers on Friday to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling. The move threatens the survival of Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, as the unit is saddled with about $3.9 billion in overdue payments. "The Company is currently assessing the amount that it will be able to pay to DoT Department of Telecommunications) toward the dues calculated," Vodafone said in a statement. "The Company proposes to pay the amount so assessed in the next few days." Vodafone did not give details of the amount it was likely to pay. A company spokesman declined to provide details on f [Read more]
IMPACT SNAPSHOT
EVENT TIME:
VOD
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Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS