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RSS FeedsAGR dues: Airtel, Vodafone Idea move SC again, seek nod to negotiate with DoT
(World News Science)

 
 

21 january 2020 01:16:24

 
AGR dues: Airtel, Vodafone Idea move SC again, seek nod to negotiate with DoT
(World News Science)
 


At least two telecom service providers - Sunil Bharti Mittal-led Bharti Airtel and its rival Vodafone Idea - on Monday approached the Supreme Court seeking its permission to `work out feasible terms mutually with DoT (Department of Telecommunications)` to ensure that they remain a `going concern`. In separate but similar pleas, both telcos have sought modification in the supplementary order in which the apex court had asked all companies to pay adjusted gross revenue (AGR) dues within three months from October 24, 2019 and file a compliance report. In its plea, Vodafone Idea said it was `facing a huge financial stress and is not in a position to make either up front payment of the amounts...


 
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