Airtel, Voda-Idea ready strategy on SC's verdict on AGR, says report
Updated : October 28, 2019 09:31 AM IST
The SC order held that all revenues, except for termination fee and roaming charges, will be a part of the AGR.
The Supreme Court has held that Rs 92,000 crore of unpaid license dues will have to be paid within 3 months.
According to the report, Bharti Airtel and Vodafone-Idea are combing through the verdict and are preparing a financial and legal plan to raise funds to be able to stay viable.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more