What's AGR and why are Vodafone Idea, Airtel in trouble? An explainer
Telcos owe Rs 1.47 lakh crore to DoT, including Rs 92,600 crore as licence fee and Rs 55,100 crore as spectrum usage charges; of total amount, Vodafone Idea owes maximum Rs 53,000 crore
- Feb 20, 2020,
- Updated Feb 20, 2020 1:33 PM IST
The already struggling telecom sector is facing a gigantic task of paying Rs 1.48 lakh crore worth of pending AGR (Adjusted Gross Revenue) dues to the Department of Telecom (DoT). The issue that initially started over the definition of AGR has now reached a point where it could even lead to shutting down of operations for one of telcos. So what are these AGR dues? Let's try to understand the issue:
The already struggling telecom sector is facing a gigantic task of paying Rs 1.48 lakh crore worth of pending AGR (Adjusted Gross Revenue) dues to the Department of Telecom (DoT). The issue that initially started over the definition of AGR has now reached a point where it could even lead to shutting down of operations for one of telcos. So what are these AGR dues? Let's try to understand the issue: