Among its goals for the 100-day plan, the trade ministry aims to feature the pacts as talks on both deals are in their final stages, sources say
The Department of Telecom (DoT) and mobile carriers have been sparring over the definition of adjusted gross revenue (AGR): companies argue that AGR should comprise just revenue accrued from core services, while the DoT says AGR should include all revenue.
Telecom providers pay DoT nearly 3-5% of AGR as usage charges for spectrum or airwaves and 8% of AGR as licence fees.
Shares in Bharti Airtel were down 5.6%, while Vodafone Idea fell 19.5 percent at 0757 GMT after the Supreme Court’s decision.
Bharti Airtel and Vodafone Idea did not immediately respond to requests for comment.