Bharti Airtel pays Rs 10,000 crore to DoT as part of its AGR dues

Bharti AirtelNSE -0.12 % Monday deposited Rs 10,000 crore as part of its adjusted gross revenue (AGR) dues to the government.

“…. we shave duly paid an amount of Rs 9500 crore on behalf of Bharti Airtel ( including in respect to Telenor India which was merged with Bharti Airtel ) and an amount of Rs 500 crore on behalf of Bharti Hexacomm…”, said the telco in a regulatory statement on Monday .

Airtel stock up 0.4% at Rs567.30 in early trade on the BSE

The telco added that it is completing its self assessment “expeditiously” and will pay before the next hearing of Supreme Court -which so far has been listed for March 17.

The telecom department had claimed Airtel has AGR dues of Rs 35,000 crore . So far only Reliance Jio has paid its AGR dues of Rs 195 crore.