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Voda Idea dips 6% as govt asks telcos to pay balance AGR dues without delay

Vodafone has so far deposited Rs 3,500 crore in two tranches to the DoT but is still assessing its full AGR dues

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The amounts paid by telcos is woefully lower than the DoT's Adjusted Gross Revenue (AGR) calculations

SI Reporter New Delhi
Shares of Vodafone idea slipped over 6 per cent to Rs 3.41 on the BSE on Thursday after the government asked the telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay

According to this report by Business Standard, the telecom department has written to all telcos asking them to pay balance dues "without delay" and submit detailed bifurcation of payments (explanation of self-assessed amounts), which it said are necessary for proper reconciliation of legitimate AGR dues.

The government has so far received about Rs 26,000 crore from AGR payments, including adhoc/