Telecom Towers

Photo: Sunday Guardian

SC Dismisses Telecom Giants' Plea On AGR Dues Re-computation

A plea filed by telecom majors like Bharti Airtel, Vodafone Idea, and Tata Teleservices for correcting arithmetical errors in their Adjusted Gross Revenues (AGR) dues has been dismissed by the Supreme Court on July 23. In September 2020, the companies were allowed 10 years to pay their pending dues worth Rs 93,520 crore. Reportedly, Bharti Airtel owed Rs 43,000 crore, while Vodafone Idea owed over Rs 50,000 crore.

Fri, 23 Jul 2021 - 02:36 PM / by Aditi Chavan

Tags: Telecom companies, AGR, Supreme Court, DISMISSED

Courtesy: NDTV