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Govt asks Bharti Airtel, other telcos to pay balance AGR dues without delays

05 Mar 2020 Evaluate

The government has asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order. The telecom department wrote to all the telcos asking them to pay balance dues without delay and also submit detailed bifurcation of payments (explanation of self-assessed amounts), which are necessary for proper reconciliation of legitimate dues.

The government has so far received about Rs 26,000 crore from AGR payments, including adhoc/ buffer amounts given by telcos to meet any reconciliation differences. However, the amount paid by telcos is woefully lower than the DoT's Adjusted Gross Revenue (AGR) calculation.

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

Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1700.60
Railtel Corp. India 268.65
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