Vodafone Idea AGR relief applies only to the troubled telco: SC written order

The Supreme Court’s 27 October order permitting the Centre to address Vodafone Idea Ltd’s grievances and reassess its adjusted gross revenue (AGR) dues applies solely to the beleaguered telecom operator, clarifies the top court’s written order.

The written order, seen by Mint, makes it clear that the court’s observations apply only to the additional AGR demand raised by the department of telecommunications (DoT) for the period up to 2016-17, given the peculiar circumstances in which the Union government now owns 49% of the telco, which serves nearly 200 million consumers.