According to an official with the Department of Telecommunications (DoT), numerous documents for multiple years have to be evaluated and cross-checked, making it a lengthy process.
The government, last week, had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay.
Beleaguered Vodafone Idea Ltd on Friday put its total dues to the government following a Supreme Court order at Rs 21,533 crore -- less than half of what the Department of Telecommunications (DoT) has estimated. On a day when Vodafone Group CEO Nick Read met top ministers, including Finance Minister Nirmala Sitharaman and Telecom Minister Ravi Shankar Prasad, the UK telecom giant's India joint venture, Vodafone Idea Ltd in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore. The DoT, following the Supreme Court ruling in October last year which said that all kinds of income generated by telecom companies will be considered for calculating government dues, had estimated Vodafone Idea's liabilities at over Rs 53,000 crore. On March 4, Minister of State for Communications & IT Sanjay Dhotre, in a written reply to a question in the Lok Sabha, stated that Idea Cellular owed the government Rs 15,230.37 crore and Vodafone Group of ..
Vodafone Idea has has maintained it would not be possible to continue as a going concern without any relief from the government on payment of AGR dues
The telcos said that data prices should be regulated keeping in mind the financial health of the sector
This was stated in reply to a question in Lok Sabha on Wednesday by Minister of State for Communications Sanjay Dhotre
Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order
And urgent steps to avert a cascading crisis
It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer
The telecom department wrote to all the telcos asking them to pay balance dues "without delay" and also submit detailed bifurcation of payments
Meanwhile, the Department of Telecom is preparing to issue fresh notices to telecom companies asking them how they had calculated their dues linked to AGR
Officials said the amount was not much to have any bearing on the fiscal position
With significant discrepancies cropping up in the AGR math, the industry may be facing a fresh round of dispute
Vodafone Idea's payment in particular assumes significance as the company has been under tremendous financial pressure and is confronted with AGR liabilities of over Rs 53,000 crore
In India, Reliance Jio has approached the government to start 5G mobile network trials based on the technology and design that it has developed in-house
The DoT is set to write fresh letters to telecom companies questioning them about the variation in AGR dues assessed by firms themselves and its own calculations
The move comes on the heels of Jio deciding to broaden its 5G trial runs with Chinese giant Huawei Technologies, Ericsson, and Nokia Networks
A DoT official said that "test checks" of AGR calculation for a sample year would commence shortly and it could be as early as this week at least for large telecom companies
Bharti Airtel had initially paid Rs 10,000 crore to the DoT on February 17 in compliance with the Supreme Court judgment
The company said it calculated the liabilities on self assessment basis till December 31, 2019 and the payment includes interest up to February 29, 2020