Of the total liability, Rs 222 crore belongs to the Indo-Russian joint venture that merged into RCom in 2017. RCom had filed for insolvency back in February 2019.
On July 20, the apex court reserved its order allowing a staggered payment schedule to telcos for paying up their AGR dues.
A bench comprising Justices Arun Mishra, S Abdul Nazeer, and M R Shah had reserved its verdict on the issue of a timeline for relaxed payment of AGR dues by operators. The apex court had said that the veracity of action taken by RCom, Aircel, SSTL, and Videocon would be examined.
According to the DoT’s calculations, Bharti Airtel
owes Rs 43,780 crore in AGR dues, of which the company has paid Rs 18,004 crore, with the balance at Rs 25,776 crore.
has so far paid Rs 7,854 crore of its total Rs 50,399 crore in dues, while Tata Teleservices has paid Rs 4,197 crore with the balance at Rs 12,601 crore.
On June 18, the apex court was informed by the Centre that the DoT had decided to withdraw 96 per cent of the Rs 4-trillion demand for AGR-related dues raised against non-telecom public sector undertakings like GAIL.
The apex court had asked private telecom companies
such as Bharti Airtel
and Vodafone Idea
to come out with a “reasonable payment plan”, make some payment to “show their bona fide”, and also file their books of accounts for the last 10 years.
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