In a blow to telecom operators Bharti Airtel and Vodafone-Idea, the Supreme Court on Thursday rejected their plea to revise the government’s definition of adjusted gross revenue (AGR) and refused to give them any relief on their pending payment of close to Rs 50,000 crore. The apex court will later decide the timeframe within which the operators would have to pay up.
Here is a detailed timeline of events capturing the controversy:
1994: With the introduction of the National Telecom Policy, a number of companies were issued telecom licences, for which they were expected to pay a fixed fee every