In talks with DoT on next steps on AGR: Vodafone Idea

Vodafone Idea (Vi) said on Tuesday that it is working closely with the government on a way forward for reassessment of its adjusted gross revenue (AGR) dues. This follows the recent Supreme Court order, which allowed the Department of Telecommunications (DoT) to revisit demands raised up to FY17.

“The government being a 49% equity holder and the government also making it amply clear that in the Indian context, three private players are required (gives hope),” Chief executive officer Abhijit Kishore said during the telecom operator’s earnings’ call. He added that the operator is engaged with the DoT on the next steps after the court’s ruling in October. Kishore, however, did not provide a timeline to when a solution can be reached.