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Vodafone Idea defers Rs 8,837 crore AGR dues payment

Times of India LogoTimes of India4d ago

Vodafone Idea defers Rs 8,837 crore AGR dues payment

Quick Summary

Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a period of four years.

The government calculates its share of revenue from telecom operators based on their AGR, which is considered to have been earned by them from the sale of services.

The amount of the AGR related dues as stated in the said DoT Letter is Rs 8,837 crores which is subject to revision on account of disposal of various representations".


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Article Details

Author / Journalist: PTI

Category: Business

Topics: Vodafone idea Business news Telecom industry Vodafone group AGR liability telecom Vodafone idea AGR liability Vodafone idea dues

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 13:44:28

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Reading Time: 3 minutes read

Article Length: 487 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 5527

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About Times of India

Times of India Logo

Main Topics: Business

Official Website: timesofindia.indiatimes.com

Update Frequency: 4 posts per day

Year Established: 1838

Headquarters: India

Last Updated: 5h ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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