Vodafone Idea’s future looks bleaker after SC’s AGR ruling2 min read 23 Jul 2021, 11:46 AM IST
The telecom industry may be headed towards a duopoly in case Vodafone Idea is unable to clear its AGR dues
Investors in the Vodafone Idea Ltd (VIL) stock were hoping against hope that the Supreme Court (SC) would provide relief on the matter of payments related to the adjusted gross revenue (AGR) case. In its interim judgment, the SC rejected the petition filed by telecom firms such as Bharti Airtel Ltd and Vodafone Idea requesting its direction for a correction of alleged errors in the calculation of AGR.
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