Debt-laden Vodafone Idea (Vi), which is struggling for survival, moved the Supreme Court on Tuesday, seeking a review of its July 23 order that dismissed the petitions of telecom firms for a re-computation of adjusted gross revenue (AGR) dues. Airtel, too, is likely to move the court for relief, sources said.
The appeal has been filed even as the telecom department is considering measures to provide financial relief for the sector. Vi did not respond to an email query on the matter. With an accumulated debt of about Rs 1.8 trillion, Vi is likely to be the most adversely hit by