Telecom crisis: Bharti Airtel boss Sunil Mittal has a suggestion for Modi govt

Sunil Bharti Mittal, founder and chairman of Bharti Airtel, on Thursday said that adjusted gross revenue (AGR) issue is an unprecedented crisis for the telecom industry. Mr Mittal's comments came after he met telecom minister Ravi Shankar Prasad to give an overall view of the industry.

"Committed to complying with the Supreme Court order on adjusted gross revenue (AGR), and Bharti Airtel will make the balance payment expeditiously," Mr Mittal told reporters.

Last week, the government ordered mobile carriers including Vodafone Idea to immediately pay thousands of crores of rupees in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling.