In the wake of the Supreme Court’s judgment on adjusted gross
revenue (AGR), some of top public-sector companies of India that are holding
telecom service licences including GAIL India, Power Grid Corporation, Oil
India, Delhi Metro and RailTel seeking clarification from the Department of
Telecom (DoT) as they might also face a huge financial burden. Supreme Court, last month, had ordered all telecom service
providers to pay the past licence and spectrum dues in accordance with the
annual AGR calculation formula used by the government. The government has set
up a committee of secretaries to look into all issues.
In the wake of the Supreme Court’s judgment on adjusted gross
revenue (AGR), some of top public-sector companies of India that are holding
telecom service licences including GAIL India, Power Grid Corporation, Oil
India, Delhi Metro and RailTel seeking clarification from the Department of
Telecom (DoT) as they might also face a huge financial burden.
Supreme Court, last month, had ordered all telecom service providers to pay the past licence and spectrum dues in accordance with the annual AGR calculation formula used by the government. The government has set up a committee of secretaries to look into all issues.