Setback for Vodafone Idea and Bharti Airtel as Supreme Court dismisses AGR review petitions
Updated : January 17, 2020 07:44 AM IST
Telecom firms are supposed to pay Rs 92,000 crore in dues by January 23 following the court order in October last year.
The Supreme Court had ordered telecom firms, including Bharti Airtel Ltd and Vodafone Idea Ltd, to pay the government as much as Rs 92,000 crore ($13 billion) in dues, which include penalties and interest.
Bharti Airtel said it's disappointed as the company believed the long-standing disputes raised regarding the AGR definition were bonafide and genuine.
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