The battered telecom sector will not be impacted by the Covid-19 pandemic but it is payment of past dues of Rs 90,000 crore that creates uncertainty for the sector in these times, a report said on Thursday.
However, there is a chance that debt levels of the industry, which moderated to Rs 4.4 lakh crore on March 31 will rise up further on account of the AGR dues, it said. The telcos still owe Rs 90,000 crore in the adjusted gross revenue dues, and there is lack of clarity on how the money needs to be paid — whether staggered or at a go, domestic ratings agency Icra said.