Supreme Court Dismisses Telecom Firms’ Pleas on Adjusted Gross Revenue (AGR)
On September 19, 2024, Supreme Court dismissed pleas from major telecom companies like Vodafone Idea and Bharti Airtel, which sought a recalculation of their Adjusted Gross Revenue (AGR) dues. The companies argued there were errors in the 2019 ruling that demanded over ₹1 trillion in payments. The court rejected the curative petitions, affirming that the dues, including revenue from non-telecom operations, must be paid as calculated earlier .
