September 11, 2024

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Customer Value Chain

Bharti Airtel makes payment of Rs 10,000 crore to DoT towards AGR dues

Right after Supreme Court rap and the government’s stringent deadline, Bharti Airtel on Monday said it has paid Rs 10,000 crore to the telecom office toward statutory dues.

The organization said it will make payment of the balance quantity immediately after self assessment work out.

“The…full quantity of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor.

“We are in the method of finishing the self assessment work out expeditiously and will duly make the balance payment upon completion of the exact, in advance of the up coming date of hearing in the SC,” Bharti Airtel said.

The organization said it will also post supporting specifics at the time of making balance payment.

The telecom office on February 14 started issuing orders inquiring firms such as Bharti Airtel and Vodafone Notion to clear past dues instantly.

The DoT, which confronted the ire of the Supreme Court for putting on keep recovery of dues from telecom organizations, experienced started out issuing circle or zone-smart demand from customers notices to the firms.

Airtel experienced formerly responded to DoT order by presenting to spend Rs 10,000 crore by February twenty and the remaining in advance of March 17. Airtel owes approximately Rs 35,586 crore, together with licence cost and spectrum utilization charge, to the government.