bharti airtel: AGR dues: Bharti Airtel asks DoT to wait for SC’s hearing next week, before demanding payment

Bharti Airtel has written to the telecom division, asking it to await the Supreme Court’s instructions on the modification plea earlier than taking any motion on the cost of statutory dues.

The telco follows Vodafone Idea in informing the Department of Telecommunications (DoT) that though it’ll adjust to the apex court docket’s orders , it will request the federal government to carry on until the subsequent listening to earlier than demanding cost.

The two operators’ choice to await the SC’s name on adjusted gross income (AGR) modification pleas, indicate that they gained’t make any funds to the federal government by the January 23 deadline.

ET reported its Thursday’s version that DoT is more likely to chorus from any coercive motion akin to issuing show-cause notices asking the phone corporations why their permits shouldn’t be cancelled. The division will wait till January 24, a day after the deadline stipulated by the court docket in October, earlier than it embarks on the subsequent plan of action, which might embody searching for a authorized opinion on the matter.

Vodafone Idea owes over Rs 53,000 crore whereas Bharti Airtel owes over Rs 35,500 crore and Tata Teleservices almost Rs 14,000 crore in AGR-related dues. The phone corporations had been mentioned to be initially planning to pay some a part of this by the deadline however then took the view that the apex court docket’s choice to listen to the modification petitions meant they might anticipate its ruling on the matter.

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