Analysts See AGR Relief, Funding as Key Factors for Vi

Vodafone Idea may get relief from the government for its adjusted gross revenue (AGR) dues in the form of a further two-year deferral since the government has ruled out any further equity conversion, according to analysts.

- URVI MALVANIA

BELEAGUERED TELECOM PLAYER

The telco, which has been trying to raise ₹25,000 crore from banks to fund its ₹50,000-55,000 crore three-year capex plan, has said that capex deployment beyond H1FY26 will be dependent on fundraising plans.

"We now incorporate government AGR relief via 2-year deferral of dues and consistent external fundraising via debt as well as equity route," analysts from Ambit Capital said.