10 years to pay AGR dues puts a question mark on Vodafone Idea's survival

Indian telecom sector moving to a virtual duopoly is not a desirable development

Telecom companies in India have been under pressure due to adjusted gross revenue (AGR) payment dues to the government and this had resulted in the matter getting referred to Supreme Court. Over the years, we have seen significant numbers of cellular operators shut operations due to various reasons. The most common reason was financial viability of keeping the business running, or have got merged with other companies – not to forget the 2G scam.

It is a known fact that the telecom business is capital intensive and needs constant flow of capital investment to keep the company afloat and run it