Relief for Vodafone Idea, SC allows Centre to reconsider the telco’s Rs 5,606 crore AGR dues for fiscal year 2017

In a major relief for Vodafone Idea, the Supreme Court on Monday allowed the Centre to reconsider and reconcile the telecom company’s pending adjusted gross revenue dues amounting to `5,606 crore for 2016-17, observing that the issue falls within the policy domain of the Government.

Adjusted gross revenue (AGR) is the income figure used to calculate the licence fees and spectrum charges that telecom companies must pay to the Government.