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Bharti Airtel pays additional Rs 8,004 crore to DoT towards AGR dues

29 Feb 2020 Evaluate

Bharti Airtel has paid additional Rs 8,004 crore to the Department of Telecommunications (DoT) towards the adjusted gross revenue (AGR) dues. The company has paid Rs 3,004 crore towards the full and final amounts due over & above the ad-hoc amount of Rs 10,000 crore paid on February 17, 2020 on behalf of the Bharti Group of Companies.

The company has also paid an additional amount of Rs 5,000 crore, as an ad-hoc payment (subject to subsequent refund / adjustment) to cover differences, if any, arising from the reconciliation exercise with the DoT.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

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