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Tuesday, March 31, 2020

Vodafone Idea pays Rs 1,000 cr to telecom dept towards AGR dues: Report

The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the telecom department.

By: PTI | New Delhi | Updated: February 20, 2020 2:22:59 pm
vodafone idea, vodafone agr dues, idea agr dues, vodafone idea business in india Vodafone Idea’s departure would essentially leave a duopoly between Bharti Airtel and Reliance Jio. (File Photo: Reuters)

Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said.

The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the telecom department.

The DoT source said that notices will also be sent to Tata Teleservices for recovery of full dues in a day or two. The company had paid Rs 2,197 crore to the government on Monday, while DoT’s calculations peg the outstanding amount at over Rs 14,000 crore.

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