Airtel, Vodafone Idea await SC decision on staggered payment of AGR dues

Both companies had sought 20 years time to make payment

The Supreme Court (SC) is expected to give its final verdict in the adjusted gross revenue (AGR) case on Monday. This will decide whether the telecom companies — Bharti Airtel and Vodafone Idea – will be allowed a relaxed payment structure for clearing the dues they owe to the Union government. 

Both the companies had sought 20 years to make their AGR payment to the government. Vodafone Idea has so far paid Rs 7,854 crore of its Rs 50,399 crore dues. 

The company had pleaded that it should be allowed to make the remaining payment in a staggered manner over 20 years