The Supreme Court’s decision this week to allow telecom service providers
10 years’ time to settle their adjusted gross revenue (AGR) dues to the government comes as a partial relief to the debt-laden industry. This will give the older providers, especially Vodafone Idea, the crucial breathing space to figure out how they can reconfigure their business plans to stem the relentless flow of operational losses and garner the resources to make the sizeable annual payments to the Centre over the next decade.
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Unknown titleIST AGR dues should not be allowed to impair customer-centric investments in telecom Share Article 0 PRINT A A A AGR dues should not be allowed to impair customer-centric investments in telecom <span>The Supreme Court’s decision this week to allow telecom service providers 10 years’ time to settle their adjusted gross revenue (AGR) dues to the government comes as a partial relief to the debt-laden industry. This will give the older providers, especially Vodafone Idea, the crucial breathing space to figure out how they can reconfigure their business plans to stem the relentless flow of operational losses and garner the resources to make the sizeable annual payments to the Centre over the next decade. However, in setting a time frame, the Court, which acknowledged the troubled landscape facing the lynchpin industry, seemed to brush aside both the companies’ requests for a longer hori Summary
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