Vi secures government dues breather as attention turns to infra investment

vfw246-vi agr

Source: rupixen / Unsplash

Vodafone-backed Indian operator confirms AGR liabilities slashed by a quarter to ease debt burden and offer some relief for the challenged MNO as it invests in significant 4G/5G expansion.

This article includes:

  • Themes: Adjusted gross revenue (AGR); Capital expenditure (capex); Debt restructuring; Government intervention; Infrastructure investment; Market competition; Network expansion; Spectrum liabilities.
  • People: Börje Ekholm; Jagbir Singh.
  • Geographic: India; UK.
  • Organisations: Aditya Birla Group (ABG); Bharti Airtel; Bharat Sanchar Nigam Limited (BSNL); Ciena; Department of Telecommunications (DoT); Ericsson; HCLSoftware; Nokia; Reliance Jio; Samsung; Supreme Court of India; Vodafone; Vodafone Idea (Vi).

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo 

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