InvestorQ : Is it true that Bharti Airtel is paying up Rs.10,000 crore right away towards AGR charges and what about Vodafone Idea?
Arya Nanda made post

Is it true that Bharti Airtel is paying up Rs.10,000 crore right away towards AGR charges and what about Vodafone Idea?

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Deepa Salunkhe answered.
1 year ago
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In its Feb 14 review order, the Supreme Court stated that the telecom companies and the DOT were bound by the order of the highest court in India. It clearly stated that DOT had no business to issue a circular asking its officials to go slow on the telcos, as it had already done a day before the deadline of Jan 24. The order also stated that telecom companies will have to pay part of the dues by the same week. The SC also added that the telcos and DOT would be guilty of contempt of court if it did not enforce the adherence to the order. In fact, in the next hearing on March 17, the Supreme Court has asked the CEOs of the telecom companies to also be present at the hearing. In response, DOT has withdrawn its circular with immediate effect while Bharti Airtel has agreed to pay up Rs.10,000 crore this week. It has also agreed to pay the balance due before March 17 this year.

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