Airtel to approach govt for recalculation of AGR following SC order on Voda Idea: Vittal
Bharti Airtel will approach the government again, seeking relief in the adjusted gross revenue matter following a favourable order by the Supreme Court in the case of Vodafone Idea, a senior company official said.
The Supreme Court on Monday said the government can reconsider and reconcile the telecom company’s pending dues of all adjusted gross revenue, and it will not be restricted to AGR dues for the 2016-17 financial year.
Adjusted gross revenue (AGR) is the income figure used to calculate licence fees and spectrum charges that telecom companies must pay to the government.
