According to sources, the government has begun evaluation of the AGR dues at all circle levels following its communication to the number three carrier
Vodafone Idea shares fell 2% despite 10-year AGR moratorium. Analysts cite spectrum dues, funding risks, and limited upside despite cash-flow relief
While Vodafone Idea has shifted focus toward other options including raising debt, a potential equity investment may still take place, the people said
In a month, Vodafone Idea share price has gained 7 per cent, as compared to Sensex's rise of 0.57 per cent
JM Financial has maintained its 'Buy' rating on Bharti Airtel, Bharti Hexacom and Tata Communications
On Wednesday, Vi's stock price had slipped 11 per cent, after hitting a 52-week high of ₹12.80 on December 31, 2025
A day after getting major AGR dues relief, Vodafone Idea was slapped with a ₹637.9-crore GST penalty for alleged tax short payment
The Union Cabinet has, reportedly, approved freezing Vi's AGR dues at ₹87,695 crore. Deferred repayment will likely begin from FY32 over the next 10 years thereafter
Stocks to watch today, January 1, 2026: Market participants will keep an eye on Jindal Poly, Adani Enterprises, RBL Bank and Vodafone Idea's shares in Thursday's session
Dues frozen as of December 31, 2025 will be reassessed under DoT's deduction verification process, with repayments proposed from FY32; Vi says it has received no communication
Debt-laden Vodafone Idea, however, has denied receiving any official communication from the Centre regarding the relief package
Reports indicate the Union Cabinet has likely cleared an adjusted gross revenue (AGR) relief package for the financially stressed operator, including a five-year moratorium on AGR payments
In the calendar year 2025, Vodafone Idea and Indus Towers share prices have soared 52 per cent and 24 per cent, respectively, as against a 8 per cent rise in the BSE Sensex.
Voda Idea stock outlook: According to a CLSA note, the Centre is likely to consider a partial waiver of interest, penalties and interest on penalties for Vi, that make up a bulk of the AGR dues.
Vodafone Idea stock in focus: Reports suggest that the government is likely to offer an interest-free moratorium of 4 to 5 years to Vi on over ₹83,000-crore pending AGR dues.
The average trading volumes on the Vodafone Idea counter nearly doubled with as many as a combined 1,083 million equity shares changing hands on the NSE and BSE till 03:04 PM on Thursday.
Analysts expect telcos' FY25-28 ARPU to grow at 12% CAGR given the consolidated industry structure, to ensure a '3+1' player market and higher ARPU requirement for Jio.
Motilal Oswal remains positive on the telecom sector and maintains 'Buy' ratings on Bharti Airtel and Reliance Jio via Reliance Industries
JM Financial values Jio at about $140 billion in equity ($153 billion enterprise value) and argues that the IPO will reinforce the "free cash flow growth story"
Telecom firm's proposal to DoT aims to halve dues, enabling ₹25,000 cr fundraising for 5G rollout and government stake dilution