AGR ruling on Tuesday: Focus on fate of Vodafone Idea

Mumbai : The Supreme Court is expected to pronounce a crucial verdict today (Tuesday) on the payment timelines of the adjusted gross revenue (AGR) dues of over Rs1.6 lakh crore, a ruling which could decide the fate of Vodafone Idea.

The government has sought a 20-year time frame for telcos to pay back their balance AGR dues, while the two most affected telcos- Vodafone Idea (over Rs50,400 crore balance dues) and Bharti Airtel (nearly Rs26,000 crore balance) have sought 15 years. Vodafone Idea has warned it would be forced to shut shop if made to pay its dues at one go.