AGR deferment has resuscitated the idea of a three-player market: Analysts

While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain

The government’s four-year breather to telecom companies from paying spectrum and adjusted gross revenue (AGR) has fired up the telecom stocks at the bourses in the past two trading sessions. 

While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI) – at least for four years – Bharti and Reliance Jio, too, stand to gain in case VI is unable to retain customers, improve connectivity and invest in ramping up the 5G network infrastructure in the long run.

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