Vodafone Idea pays ₹1,000 cr in AGR dues

Telecom major Vodafone Idea Ltd on Saturday said it paid an additional ₹1,000 crore to the department of telecommunications (DoT) on 17 July, as part of its adjusted gross revenue (AGR) dues, ahead of the Supreme Court’s hearing on Monday.

“The company had earlier deposited ₹6,854 crore in three tranches. The company has thus paid an aggregate amount of ₹7,854 crore towards the AGR dues ,” it said in a regulatory filing.

In an October ruling, the Supreme Court had upheld DoT’s definition of AGR and asked mobile operators to pay levies based on that definition, along with interest on the principal amount and penalty.