Page 5 - Adjusted Gross Revenue

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

Analysts revise SBI target price post Q1, but Voda Idea overhang remains

SBI share price skidded 3 per cent to Rs 443 on the BSE in the intra-day trade today as analysts worry that Voda Idea's precarious position may hit the lender's asset quality going ahead

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free

Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis

Vodafone Group CEO Nick Read rules out fresh fund infusion in Vi

Vi has a debt of about Rs 1.8 trillion, including deferred spectrum obligations and AGR dues

Govt should take control of Vodafone Idea, says Deutsche Bank report

The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase

Signals of revival

Telecom sector faces the risks of a duopoly

Telcos' AGR dues can't be subject matter of any future litigation: SC

The Adjusted Gross Revenue (AGR) related dues payable by telecom majors, including Vodafone Idea and Bharti Airtel, cannot be a subject matter of any future litigation, the Supreme Court has said. A bench headed by Justice L Nageswara Rao stated this while dismissing the plea of telcos seeking rectification of alleged errors in the calculation of AGR. The top court said the dispute relating to AGR has been pending in courts for a very long period of time and the dues payable by TSPs (Telecom Service Providers) cannot be the subject matter of any future litigation. It said there is no room for any doubt from the perusal of the earlier judgement dated September 1, 2020 with respect to this court entertaining any application for altering the AGR dues of the TSPs. The court said that issues concerning the ambit of proceedings under Section 18 of the Insolvency and Bankruptcy Code, 2016 in relation to spectrum, the manner in which payment has to be made by and liabilities apportioned ..

SC dismisses Vi, Airtel pleas seeking correction of AGR due calculation

The Supreme Court observed that it has said not just once, but twice and thrice that AGR demand can't be recomputed

Analysts dump Voda Idea for Airtel post AGR re-calculation case verdict

With sufficient assets and a healthy financial condition, Bharti Airtel can clear their dues with DoT, analysts said

AGR case: Telcos' plea rejection does not go well for sector, says Icra

The rejection of telcos' pleas seeking re-calculation of AGR related dues does not bode well for a recovery in the sector

SC to pass orders on telcos pleas raising issue of error in AGR calculation

The Supreme Court on Monday said it would pass orders on applications filed by telecom majors raising the issue of alleged errors in calculation in the figure of AGR related dues payable by them.

In a breather to telcos, DoT may lighten debt burden by relaxing timelines

The effort would be to firm up measures so that the telecom sector does not go down any further, an official said

Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts

Without fundraising, the company may not be able to meet its payment obligations over the next 12 months

Margin worries, market share loss to weigh on MRF after tepid Q4 show

The company trailed peers on the revenue front in Q4

Reliance Communication headed for liquidation after NCLAT judgment

Debt resolution only after clearance of govt dues, says tribunal

State-run BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore

State-run telecom firms BSNL and MTNL have not cleared their adjusted gross revenue (AGR) dues of over Rs 10,000 crore as calculated by the Department of Telecom, according to an official source.

Department of Telecom files affidavit before Supreme Court on AGR payments

The Department of Telecom has filed an affidavit before Supreme Court on the status of statutory dues paid by telecom operators, a government official said on Tuesday

Airtel, Voda Idea fail to pay AGR instalment; deadline expired on March 31

According to the DoT's calculations, Bharti Airtel owes the exchequer Rs 43,780 crore, of which the company has paid Rs 18,004 crore

Vodafone Idea plans to raise $750 million via convertible debentures

Promoters to dilute stake post conversion

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Voda Idea by March 31

DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi