Sistema Shyam Teleservices Limited (SSTL) has written to the Supreme Court (SC) stating that Reliance Communications (RCOM) is liable to pay its adjusted gross revenue (AGR) dues as RCOM had acquired its entire telecom business in October 2017.
In its affidavit filed before the SC, SSTL said that it has complied with the AGR judgment by paying Rs 7.29 million as per its own assessment of deficit AGR dues that were not covered under the merger scheme with RCOM in 2017. Further, SSTL added that it paid the amount as several letters to the Department of Telecommunications (DoT) seeking clarification after the judgment did not elicit any response.
The DoT has identified the combined AGR liability of Rs 251.94 billion for RCOM and SSTL as on March 6, 2020, of which Rs 2.22 billion belongs to SSTL.
As per the merger scheme approved by the DoT on October 31, 2017, all licences held by SSTL stood cancelled with immediate effect and simultaneously all the liabilities of SSTL in respect of licences in various licensed service area (LSA) stood transferred to the respective licences held by RCOM.