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11/15/10 | 12:58PM
Another Penality / Tax Bill for VZ / Vodaphone

MUMBAI, India - India's Supreme Court ordered Vodafone to deposit 25 billion rupees ($554 million) within three weeks on its contested $2.5 billion tax bill, a company spokesman said Monday.

The British telecoms company said it also would arrange a guarantee with an Indian bank for the remaining 85 billion rupees ($1.9 billion) within eight weeks, as ordered by the court.

Anonymous - Verizon H8er ID: 91FD82

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