Setback For Telecom Firms, Top Court Rejects Plea On Adjusted Gross Revenue

Vodafone India, Bharti Airtel, and others filed a curative petition against the Supreme Court's 2019 verdict directing them to pay the government Rs 92,000 crore in three months.

The Supreme Court on Wednesday rejected telecom companies' plea to re-compute adjusted gross revenues, or AGRs, amid a long-standing dispute over payment of dues to the government.

Vodafone India, Bharti Airtel, and other companies had filed a curative petition against the court's October 2019 verdict, in which they were directed to pay the government Rs 92,000 crore within three months.

In their petition today the telecom firms claimed a grave error by the Department of Telecommunications, or DoT, in calculating those dues - licence fees and spectrum charges.