Supreme Court’s Order on Vi Dues Marks a Positive Turning Point for the Telecom Sector: Zeeshan Farooqui

In a recent Business Standard article, Zeeshan Farooqui shared his insights on the Supreme Court’s decision allowing the government to revisit Vodafone Idea’s (Vi) adjusted gross revenue (AGR) dues.

Commenting on the development, Zeeshan said, “Recognising the government’s 49 per cent ownership in the company and the potential impact on over 20 crore subscribers, the Court rightly emphasised the public interest involved. By permitting a policy-level review, it has created scope for a balanced resolution that aligns with both legal compliance and economic stability in the telecom sector. This order is viewed as a positive development for the industry and the company alike. It opens the door for reassessment and potential relief from heavy financial burdens that have long hindered Vodafone Idea’s revival prospects.”

He further added that the Court’s stance reinforces the government’s broader objectives of sustaining market competition, protecting consumers, and safeguarding public investment factors essential for fostering a stable and investor-friendly telecom ecosystem.

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