Sunil Mittal-led Bharti Airtel on Saturday made a surprise announcement that may alter the ongoing narrative related to adjusted gross revenue (AGR) and the hefty bill of Rs 1.47 trillion slapped on the telecom industry.
In a regulatory filing with the stock exchanges, Bharti Airtel said it had paid its full and final AGR-linked dues of Rs 18,000 crore to the Department of Telecommunications (DoT) after its self-assessment exercise. The government calculation of Airtel’s AGR-linked dues, estimated at Rs 35,500 crore, is almost double of what the telco has handed over.
The company explained that it had carried out self-assessment from FY

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