Vodafone Idea: AGR Relief to Revive Company, Citi Projects ₹15 Target
Share Market
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CNBC Awaaz•12-01-2026, 07:44
Vodafone Idea: AGR Relief to Revive Company, Citi Projects ₹15 Target
- •Citi's report indicates government AGR relief will help Vodafone Idea secure ₹25,000 crore bank loan.
- •Securing bank loans will enable network improvements and attract new equity funding, strengthening VI's business.
- •AGR relief is expected to alleviate 'going concern' doubts and boost shareholder confidence in future earnings.
- •Improved network and customer growth will positively impact VI's revenue and share performance.
- •Indus Towers, a key partner, will also benefit from VI's improved financial health, potentially resuming dividends by CY26.
Why It Matters: Government AGR relief is crucial for Vodafone Idea's revival, enabling funding, network growth, and business stability.
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