DoT defines new basis for computing license fees
On 25 October 2021, the Department of Telecommunications, Government of India (DoT) issued a landmark amendment (Amendment) to the telecom license conditions. The Amendment ushers in a new dawn for the telecom licensing regime in India by redefining the basis of ‘adjusted gross revenue’ (AGR). AGR has been the basis of computing the license fees payable by a telecom licensee and has been a subject of debate for at least the past couple of decades.