Airtel opts to defer around Rs 3,000 crore AGR dues for FY18, FY19 by 4 years
Summary by Times of India
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Bharti Airtel Opts For Deferment Of Additional AGR Dues Up To FY19
Bharti Airtel Ltd. has opted for deferment of payment of adjusted gross revenue dues up to financial year 2018-19, for a period of four years.The telecom giant has informed the Department of Telecom that it will not avail the option of conversion of interest dues into equity, the company said in its exchange filing.The DoT had asked telecom operators to pay AGR dues for two additional financial years beyond 2016-17, which were not covered under …
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