After SC AGR ruling, Tata Tele pays Rs 2,197 cr, Voda Rs 2,500 cr to govt

With the Supreme Court coming down heavily on telecom firms, Tata Teleservices and Vodafone Idea on Monday made the payment of a portion of their Adjusted Gross Revenue (AGR) dues to the Department of Telecommunications (DoT) towards license fee and spectrum usage charges.

While Tata Teleservices paid Rs 2,197 crore to government to settle AGR) dues, Vodafone Idea said that they will immediately pay Rs 2,500 crore and another Rs 1,000 cr before end of this week.

The development comes after the Supreme Court on Monday rejected Vodafone Idea’s proposal to pay Rs 2,500 crore by the end of the day and Rs 1,000 crore by Friday against AGR dues. The court also refused the company’s plea that no coercive action be taken against it.