Telcos AGR Dues Hit ₹1.77 Lakh Crore Through FY25, Led by Vodafone Idea’s ₹89,952 Crore Liability

Telecom operators together owed more than ₹1.77 lakh crore in adjusted gross revenue (AGR) dues to the government up to the financial year 2024-25, according to information placed before Parliament. The figures include licence fee and spectrum usage charges calculated under the AGR system. 

Company-Wise Liabilities 

Vodafone Idea has the highest outstanding amount at ₹89,952 crore. Bharti Group’s dues stand at ₹51,091 crore, while the Tata Group owes ₹20,426 crore. State-run MTNL has pending AGR dues of ₹14,462 crore. Reliance Jio Infocomm’s liability is lower at ₹1,984 crore, based on the same data. 

Frozen Dues of Vodafone Idea 

Within Vodafone Idea’s total, AGR dues for the period from FY2006-07 to FY2018-19 have been frozen at ₹87,695 crore. These amounts are not final and are subject to reassessment. The review is expected to determine the payable figure for this period. 

Panel Formed for Reassessment 

The Department of Telecommunications formed a committee on 30 January to examine the frozen dues of Vodafone Idea.  

The panel includes a retired Secretary-level officer of the Government of India and a representative nominated by the Comptroller and Auditor General of India. 

The committee has been asked to complete the reassessment within two months, unless the timeline is extended. Its decision will be binding on both the department and the company. 

Read More: Vodafone Idea to Skip Fresh Equity Raise, Focuses on Debt Funding and AGR Relief! 

Conclusion 

The data presented to Parliament shows large AGR liabilities across the telecom sector, with Vodafone Idea accounting for the biggest portion. The outcome of the reassessment will determine the final dues for the company. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.