Price of mobile tariff may increase again, effect of SC's strictness on AGR
Price of mobile tariff may increase again, effect of SC's strictness on AGR
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The country's telecom sector is in upheaval following a recent order by the Supreme Court regarding the Adjusted Gross Revenue (AGR), besides the situation where uncertainty has arisen over the future of Vodafone Idea. Market watchers say that telecom companies can increase its tariffs drastically after this decision of the apex court. The Supreme Court ruled in October 2019 regarding AGR payment. Since then, mobile companies have already increased their tariffs drastically.

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The apex court ruled on October 24, 2019, regarding AGR. In this decision, it had asked the telecom companies to pay adjusted gross revenue (AGR). As AGR, the telecom companies have to pay Rs 1.47 lakh crore to the government. Vodafone Idea Ltd (VIL) alone owes Rs 53,038 crore, along with the Supreme Court on Friday expressed displeasure over the delay in payment of the outstanding AGR. Bharti Airtel has a liability of Rs 35,586 crore. The Department of Telecommunications had then fixed the deadline till 11:59 pm on Friday night to pay the outstanding AGR to the telecom companies.

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After the Supreme Court's decision, it has become difficult for Vodafone Idea to remain in India's telecom business. That is what market analysts say in the coming time that it is possible that India's telecom market In the same case, only two private companies are dominating and in such circumstances, there can be a huge increase in mobile tariff. Under the circumstances, the mobile tariff may increase by 10-25% in the coming days. This means that in the coming days, the mobile tariff may increase your pocket burden.

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