Vodafone Idea files fresh plea with SC on AGR dues, seeks over Rs 30,000 crore relief: Report

Telecom major Vodafone Idea has filed a fresh plea at the Supreme Court seeking further relief on its adjusted gross revenue (AGR) and spectrum dues, CNBC TV18 reported. The telecom firm is seeking a waiver of over Rs 30,000 crore on account of penalty and interest.

Vodafone Idea maintained that the government is “handicapped” in granting relief due to constraints imposed by the AGR judgment. It further claimed that the government is now effectively a ‘partner’ in the company with 49 per cent stakes after it had converted AGR and spectrum dues into equity.