Airtel opts to defer around Rs 3,000 crore AGR dues for FY18, FY19 by 4 years

Bharti Airtel shares fall on deferring AGR dues payment

Bharti Airtel has opted to defer the payment of AGR dues till FY19, while it has retained the right to pre-pay instalment amounts.

Airtel opts to defer payment of Rs 3,000-cr AGR dues up to FY19 by 4 years

Telecom companies were offered a four-year moratorium on their AGR dues spectrum dues up to FY17, in line with a Supreme Court order

Airtel opts to defer around Rs 3,000 crore AGR dues for FY18, FY19 by 4 years

The Department of Telecommunications (DoT) had recently offered the option to all telcos in addition to its support package for the industry announced last September.

Bharti Airtel Follows Vi into Accepting Deferment of Additional AGR Dues

While communicating its decision to the stock exchanges, Airtel said that it has the right to prepay the deferred dues anytime it wants. The deferred dues are for four years, applicable from FY2021-22 up to FY2024-25.

Bharti Airtel Defers Payment of AGR Dues Till FY19 by Up to 4 Years

Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom...

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 …