๐ถTelecom Industry in ๐ The telecom companies had to pay a huge amount to the government of India ๐ See the full info : These companies use๐ป radio waves (spectrum) to run mobile and internet services. But the government owns that spectrum, so companies have to pay for using it โ like paying rent. The amount they have to pay is based on something called AGR (Adjusted Gross ๐ตRevenue) โ which means the total money a company makes, including non-core income. The government takes a share of AGR as fees/taxes. For years, the companies underpaid or avoided paying the full AGR dues. Now, the Supreme Court has said: No discounts. Pay all the pending money. This is a huge financial blow, especially for Vodafone Idea (Vi), which is already in deep financial trouble.โ๏ธ If Vi canโt manage to pay, then it may not be able to continue operating in the future.
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