Bharti Airtel moves Supreme Court with review petition in AGR case

Bharti Airtel is the second telco to move the Supreme Court with a review petition on the adjusted gross revenue (AGR) matter.

The company has sought correction of arithmetical errors in calculations linked to AGR. Earlier this month, debt-laden Vodafone Idea had moved the top court with a similar plea seeking a review of SC’s July 23 order. The court had dismissed the petitions of telecom firms in July.

This comes at a time when the Centre is working on a relief package for the telecom sector. The worst hit is Vodafone Idea, which is facing an accum­ulated debt of Rs 1.8 trillion. Business Standard