Vodafone Idea Approaches Supreme Court on AGR Calculation Errors

Ailing telecom operator, Vodafone Idea, has approached the Supreme Court seeking a modification on the previous order as part of which the telco is required to pay Rs 58,400 crore towards AGR dues. Vodafone Idea urged there are ‘arithmetical errors’ in the Adjusted Gross Revenue (AGR) calculations by the government. Earlier today, we reported that Bharti Airtel also moved to the Supreme Court touting the same arithmetical errors made by DoT while calculating the AGR dues. An ET Telecom report highlights that Vodafone Idea has just asked for a modification in the earlier order, unlike Bharti Airtel which sought the Supreme Court to recall its three mistaken orders. The Supreme Court is yet to respond to these queries from both Airtel and Vi.

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Vodafone Idea Seeks Modification on SC Order of Final AGR Dues

The Supreme Court gave out the verdict on AGR dues in September 2020, saying telecom operators can repay the amount in the next ten years. Back then, telcos accepted the move. At the end of 2020, DoT asked the telcos to make another instalment of AGR dues on March 31, 2021. In reply to DoT, Bharti Airtel said it paid AGR dues of over Rs 18,000 crore towards the first instalment, and the next instalment will be due in FY22. After the reply from Airtel, DoT officials said it would move to the Supreme Court for clarification on the matter.