for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CORRECTED-Debt-laden Vodafone Idea to raise up to $3.4 billion in funds

(Corrects to say up to $3.4 bln, not $4.1 bln, in headline, paragraph 1)

BENGALURU, Sept 4 (Reuters) - Vodafone Idea Ltd said on Friday it would raise funds up to 250 billion Indian rupees ($3.41 billion) as the Indian telecom operator tries to pay off the hefty dues it owes to the government.

The loss-making carrier has been ordered by the country’s Supreme Court to pay roughly 500 billion Indian rupees ($6.81 billion) in dues to the government over a ten-year period and it has so far paid 78.54 billion rupees. ($1 = 73.2250 Indian rupees) (Reporting by Philip George in Bengaluru; Editing by Arun Koyyur)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up