After the Supreme Court order, the telecom department paid Rs 32,000 crore to the Supreme Court order

Telecom companies have paid over Rs 32,000 crore in the telecom sector following a Supreme Court order last February over revenue sharing. Of this, the AGR has provided Tk 26.6 crore and for the spectrum, Tk. 4646 crore has been paid.

Telecommunications companies must pay a state-specific amount for broadband use and licensing. Telecom companies like Bharti Airtel and Vodafone Idea will have to pay Tk.4747 lakh crore to the government. On October 27, the Supreme Court ordered that the payment be made by January 27.

These companies, however, failed to deliver the deadline. In February last year, the Supreme Court sharply criticized Forestry for not paying the AGR amount and taking action against them.

The telecom department then demanded payment of this balance overnight. Firms then self-assess and demand payment. In this case, Airtel has self-evaluated its documents and says that the total payment to AGR is only Tk 1.5 crore. Vodafone Idea has given Rs 3,500 crore and Tata has so far paid Rs 2,000 crore.

Also, Airtel, Vodafone Idea and Geo paid Rs 6,046 crore some time ago for the acquisition wave in 2014. The next hearing of the case will be held on March 17.

Steve Austin

Steve is a really a Tech Geek sitting behind this blog with his awesome team, who are passionate about discovering new things online and writing about them. Get most of his Brian by following this blog.

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