Airtel, Vodafone Idea, Tata Teleservices to pay AGR dues

Airtel, Vodafone Idea, Tata Teleservices to pay AGR dues

by admin- Monday, February 17th, 2020 04:02:34 PM

Vodafone Idea share charge rose neary 19% to Rs. 4.09, in the establishing alternate on February 17, however erased maximum of its profits.

According to reviews, the enterprise is probably to make price for adjusted gross sales (AGR) to the Department of Telecom (DoT).

Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make fee for adjusted gross revenue (AGR) dues (Rs. 1 lakh crore) right now to avoid stringent punitive action from the Telecom Department; Bharti Airtel has informed DoT it’ll deposit Rs. 10,000 crore of the AGR dues by way of February 20. The operator can pay the remaining balance amount before the subsequent date of listening to. The AGR dues case will arise in Supreme Court on March 17 as in step with reviews

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