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AGR payment: Telecom companies to wait for SC decision

AGR payment: Telecom companies to wait for SC decision

Thursday, January 23, 2020, 12:27 PM

Vodafone Idea informed the Department of Telecommunications (DoT) it will wait for the Supreme Court's decision on the adjusted gross revenue (AGR) modification pleas, implying that it won't make any payments to the government by the January 23 deadline. Bharti Airtel is expected to follow suit. Both have filed modifications petitions in the Supreme Court, which will hear the matter next week.
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