Telcos Get a Breather of 10 Years to Pay Off AGR Dues

Telecom companies owing combined dues of Rs 1.43 lakh crore to government will now be able to pay it over a period of 10 years, as per a ruling by the Supreme Court. The ruling has offered a reprieve to telecom players including Vodafone Idea and Bharti Airtel who were weighed down by heavy debt and had been under intense regulatory and competitive pressure in recent years.

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