AGR dues: Govt to balance compliance, telcos' health, consumer interest
The government will ensure coordination on three aspects -- compliance to SC order, ensuring health of the sector and customer interest, the source added
 "Sharp reduction in capex and an increase in operating profit led to a 49% jump in operating free cash flows on a sequential basis")
Sharp reduction in capex and an increase in operating profit led to a 49% jump in operating free cash flows on a sequential basis
The government will look to strike a balance between compliance of Supreme Court order on statutory dues, ensuring health of the sector and consumer interest, a source said.
The government official, who did not wish to be named, said that telecom companies have already paid about Rs 16,000 crore in AGR dues, and some have assured more payments in 7-8 days.
The government will ensure coordination on three aspects -- compliance to SC order, ensuring health of the sector and customer interest, the source added.
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First Published: Feb 20 2020 | 7:40 PM IST