The recent Supreme Court judgment upholding the definition of adjusted gross revenue (AGR) as set by the government has brought finality to the issue. The inclusion of various non-telecom revenue in the AGR has long been disputed by telecom service providers (TSP). However, the final word from the apex court has settled the issue of AGR definition completely. This also means the TSPs will have to shell out a big amount to the government as spectrum charges and licence fee pending for years.
The telecom industry is going through its worst crisis ever. With the aggressive entry of Jio a few