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Indus Towers sees upside on relief for Vi
Mint Hyderabad
|October 29, 2025
A lifeline may finally be on the horizon for India's debt-laden telecom sector. Bharti Airtel's tower arm Indus Towers on Tuesday welcomed the Supreme Court's order permitting the government to reassess adjusted gross revenue (AGR) dues, a move that analysts say could ease its key customer Vodafone Idea's (Vi) burden and, by extension, improve its own risk outlook and valuation, and bolster the sector's overall prospects.
The ruling may aid Vodafone Idea's survival and lift Indus Towers' valuation, many brokerages said.
(PTI)
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