Supreme Court Rejects Telecom Companies’ AGR Dues Plea, Leaving Vodafone Idea in Financial Straits

The Supreme Court has dismissed curative petitions filed by Vodafone Idea and other telecom companies, upholding its 2019 ruling on Adjusted Gross Revenue (AGR) calculations. This decision throws Vodafone Idea deeper into financial crisis, while Airtel sees a slight boost. The court’s refusal to reconsider the AGR calculation method will likely further burden Vodafone Idea, which is already struggling to meet its financial obligations and improve its services.

Airtel Shuts Down Wynk Music, Partners with Apple Music for Indian Users

Bharti Airtel, India’s second-largest telecom provider, has announced the closure of its music streaming app, Wynk Music. Airtel users will now be transitioned to Apple Music, making the US-based service a major player in the Indian market. The move follows a strategic partnership between Airtel and Apple, which will also offer Airtel users access to Apple TV+. This decision signifies a shift towards premium content services in India’s growing entertainment industry.

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