cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News

Telcos Vodafone-Idea and Airtel Seek Review on AGR Judgment

Deepa Sharma by Deepa Sharma
November 23, 2019
Vodafone-idea and airtel crisis

Now Telcos has decided not to sit silent on the Adjusted Gross Revenue (AGR) judgment, on Friday, they have filed review petition application in the supreme court seeking review on certain judgments: reported by CNBC-TV18. According to review petition application, Vodafone-Idea and Airtel have challenged to review the inclusion of national income as a part of Adjusted Gross Revenue (AGR) and that it sought to challenge the imposition of interest on outstanding dues. They also want to contest the levy of penalties as upheld by the apex court and agitate computation and imposition of interest on outstanding dues.

Last month, the 24th Oct 2019 supreme court’s judgment on AGR went in favor of Department of Telecommunications (DoT), now as per the case, Telcos have to pay INR 92,000 crores as spectrum and license charges within 3 months, Vodafone-Idea have to pay INR 28,308 crores and Airtel have to pay INR 21,682 crores. Already facing the financial crisis, and the new liabilities shocked both the companies.

Vodafone Plc CEO Nick Read talk of liquidation of Indian Vodafone venture, In Press Conference held in London, he said, “Financially there’s been a heavy burden through unsupportive regulation, excessive taxes and on top of that, we got the negative supreme court decision, If you’re not a going concern, you’re moving into a liquidation scenario – can’t get any clearer than that,”

Ravi Shankar Prasad spoke to Vodafone-Idea chairman Kumar Mangalam Birla on Vodafone-Idea liquidation remark. However, after the Indian Government’s objection, Vodafone Plc CEO, Nick Read apologies on his liquidation remark.

On November 20th Government comes up with 2-year moratorium, In a press release Cabinet announced 2-year moratorium for Telcos on spectrum charges, Moratorium will start from April 2020. Spectrum payment 2-year moratorium will give INR 40,000 crores relief to the telcos. Famous telecom players Vodafone-Idea and Airtel both are going through struggling time, now have 2 years time to pay spectrum charges.

Vodafone-Idea reported a biggest-ever quarterly loss of INR 50,921 crores for the Sep quarter. Airtel reported a loss of INR 23044 crores for the July- September quarter.

ADVERTISEMENT

Also Read: Important Indian Business Laws Every Startup Entrepreneur Should Follow

Deepa Sharma

Deepa Sharma

Deepa Sharma is CXOVoice’s Managing Editor, overseeing all coverage technology, cybersecurity, banking, and financial coverage. She can be reached at [email protected]

Related Posts

Shaheen Sayed Accenture
People

Accenture Appoints Shaheen Sayed as Chief Commercial Officer for Reinvention Services

October 5, 2025
SolarWinds Expands Global Presence With New Office in Bengaluru
Press Release

SolarWinds Expands Global Presence With New Office in Bengaluru

October 3, 2025
IBM and AMD Zyphra
Technology

IBM and AMD Power Zyphra’s AI Revolution

October 2, 2025
Sophos Advisory Services
Cyber Security

Sophos Launches Advisory Services to Deliver Proactive Cybersecurity Resilience

October 2, 2025
Fujitsu at CEATEC 2025
News

Fujitsu to Unveil AI technologies for human augmentation at CEATEC 2025

October 1, 2025
Tech Mahindra and Canal Insurance
Business

Tech Mahindra and Canal Insurance Form Partnership to Boost Digital Changes in P&C Commercial Auto Insurance

September 30, 2025
Tata Power Tata Power
Business

Tata Power and VE Commercial Vehicles Unite to Boost Electric Mobility

September 30, 2025
Genpact AI
Business

Genpact Unveils Advanced Insurance Policy Suite to Reinvent Insurance Buying

September 26, 2025
Load More
Please login to join discussion
ADVERTISEMENT

Latest Updates

Shaheen Sayed Accenture

Accenture Appoints Shaheen Sayed as Chief Commercial Officer for Reinvention Services

by Deepa Sharma
8 hours ago

SolarWinds Expands Global Presence With New Office in Bengaluru

SolarWinds Expands Global Presence With New Office in Bengaluru

by News Desk
3 days ago

IBM and AMD Zyphra

IBM and AMD Power Zyphra’s AI Revolution

by Arshi Khan
3 days ago

Jagat Shah, Chairman & CEO of MITSUMI Group

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

by Deepa Sharma
3 days ago

Sophos Advisory Services

Sophos Launches Advisory Services to Deliver Proactive Cybersecurity Resilience

by News Desk
4 days ago

Fujitsu at CEATEC 2025

Fujitsu to Unveil AI technologies for human augmentation at CEATEC 2025

by News Desk
5 days ago

Expert Views

AI in Hiring
Opinion

AI in Hiring: Separating the Hype from Real-World Use Cases

September 19, 2025
Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs
Cyber Security

Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs

July 25, 2025
Cyber Criminals
Cyber Security

How WormGPT Became ChatGPT’s Evil Twin

July 15, 2025
When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms
Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Jagat Shah, Chairman & CEO of MITSUMI Group
Leaders Talk

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

-
Tokenization
Interview

Revolutionizing Finance: An Exclusive Interview with Sid Ugrankar, Co-founder of Qila.io on the Future of Blockchain and Tokenization

-
Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-

Entrepreneur

Top Leadership Skills Entrepreneurs Need in the Age of AI

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved