Vodafone Idea, Bharti Airtel lose AGR dues case as SC dismisses pleas
The Supreme Court has dealt a significant blow to telecom operators such as Vodafone Idea and Bharti Airtel, dashing their hopes of securing a reduction in statutory dues.
The apex court rejected a series of review petitions filed by telecom firms challenging its 2021 verdict, which had refused to allow corrections in the Department of Telecommunications’ (DoT) computation of adjusted gross revenue (AGR) dues, including alleged miscalculations and unintended additions. With this ruling, the companies have exhausted their legal avenues, according to a report by The Economic Times.