AGR an unprecedented crisis: Sunil Mittal meets telecom minister

home > business > AGR an unprecedented crisis: Sunil Mittal meets telecom minister
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

AGR an unprecedented crisis: Sunil Mittal meets telecom minister

Feb 21, 2020 08:35 IST

Airtel chief Sunil Bharti Mittal met telecom Minister Ravi Shankar Prasad amid the massive payments crisis looming over telcos, over the Supreme Court's order on Adjusted Gross Revenues. Calling the AGR issue an unprecedented crisis for the telecom industry, Mittal said that Airtel is fully committed to comply with the top court's order. Airtel chief Sunil Bharti Mittal and Kumar Mangalam Birla, chairman of Vodafone Idea, head the two telcos that together serve more than 580 million customers in India. The Supreme Court on Friday came down heavily on both companies over non-payment of AGR dues of Rs 1.47 lakh crore.

Business