AGR

The Supreme Court today has given 10 years time for staggered payment of adjusted gross revenue (AGR) related dues by telecom giants including Vodafone Idea, Bharti Airtel and Tata Teleservices.

The Supreme Court case relating to dues by telecom operators shows that a proactive government machinery has realised the need to support jobs and livelihoods and let the telecom industry survive

The Supreme Court today expressed its concern regarding payment of AGR dues by telecommunication companies, observing that the AGR dues might be wiped out in the IBC process.

The Supreme Court today asked if Jio can be held liable for RComm’s AGR dues when they are generating revenue from shared spectrum. The government has informed the court that it will support any decision that the Supreme Court takes to help recovery of AGR dues.