Vodafone Idea Limited (VIL) has decided to delay its annual 5G spectrum purchase payment by a month, while agreeing to pay the associated interest. The company plans to use the 30-day grace period to settle the Rs 1,680 crore instalment due on August 17, 2023, in accordance with the terms of the spectrum auction. VIL had acquired 5G spectrum valued at Rs 18,799 crore in an auction last year. Despite reporting a loss of Rs 7,840 crore in the April-June 2023 quarter, the company’s Average Revenue Per User (ARPU) rose by 3%, and it increased its 4G customer base.