Business Standard

Vodafone Idea files review petition in apex court on AGR dues

Vi had calculated its remaining AGR dues at around Rs 21,500 crore after making a payment of Rs 7,800 crore

Vodafone Idea
Premium

Vodafone Idea

Aneesh Phadnis Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in