Expert group to look into AGR claims row

The government will form an expert group to decide over Rs 82,300-crore disputed AGR (adjusted gross revenue) claims that have arisen due to differences between the outstanding payment sought by…

Voda Idea pays Rs 3,354 crore to govt in AGR dues

Loss-making telecom operator Vodafone Idea on Monday said it has made an additional payment of Rs 3,354 crore towards adjusted gross revenue (AGR) to the department of telecom (DoT), thereby…

Airtel has paid AGR dues in full: Sunil Mittal

A week before Supreme Court-mandated deadline for payment of past dues ends, Bharti Airtel chairman Sunil Mittal on Wednesday said that the company has paid Rs 13,000 crore to the…

Pay balance AGR dues without delays: DoT to telcos

The department of telecom (DoT) 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),…

DoT working on 3 options for telco bailout

The telecom department is working on at least three options to defer the Rs 1.47 lakh crore adjusted gross revenue (AGR) liability of telcos – Vodafone Idea and Airtel, including…

DoT calculates telcos’ dues for each circle

In perhaps the first step towards invoking bank guarantees of defaulting mobile companies over the adjusted gross revenue (AGR) matter, the department of telecom (DoT) has started circlewise calculation of…

DoT seeks legal view to recover dues

The department of telecom has sought the opinion of Solicitor General Tushar Mehta and other top legal minds on invoking bank guarantees (running into several thousand crores) for “delays” in…

Sensex falls 161 points to close at 40,894

Equity indices closed in red for the fourth consecutive session on Tuesday as the ongoing AGR (adjusted gross revenue) issue weighed on telecom and financial stocks. The benchmark BSE sensex…

Vodafone Idea losses widen to Rs 6,438.8cr in Q3

Vodafone Idea on Thursday reported widening of losses to Rs 6,438.8 crore in October-December 2019 against Rs 5,004.6 crore in the year-ago period as the AGR (adjusted gross revenue) dues-hit…

Jio pays Rs 195cr to DoT to clear AGR dues

Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue (AGR) dues accounted till January 31, 2020, according to an official source.…

Telcos approach SC seeking time to pay AGR dues

Vodafone Idea, Tata Teleservices and Bharti Airtel have filed an application in the Supreme Court seeking modification of its earlier order and permit them to negotiate the payment schedule with…