News Karnataka
Wednesday, April 24 2024
Cricket
Business

Airtel pays Rs 10,000 cr AGR as Govt gets first dues

Photo Credit :

New Delhi: The first AGR payment came to government as Airtel on Monday paid Rs 10,000 crore dues to the Department of Telecom (DoT).

The company said it is paying Rs 10,000 crore in compliance with the Supreme Court order.

It paid Rs 9500 crore on behalf of Bharti Airtel and Telenor which has merged with the parent company and Rs 500 crore for Bharti Hexacom, its subsidiary.

Further, it said it is in the process of self-assessment of accounts and will duly make the balance payments before the next date of hearing (March 17).

According to DoT, Bharti Airtel owes Rs 35,500 crore to DoT.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Nktv Live

To get the latest news on WhatsApp