Order on AGR applies to all telecom licensees: Ravi Shankar Prasad - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Order on AGR applies to all telecom licensees: Ravi Shankar Prasad

“While most of the licensees of DoT were not direct party to the dispute, the ratio of the judgement will be applicable on all the licensees,” said Ravi Shankar Prasad, answering a question in the Lok Sabha. This implies that companies with even minor telecom businesses may have to pay dues based on their entire revenue with retrospective effect.

from Industry-Economic Times
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