Business Standard

Vodafone Idea won't be able to pay $5-bn govt dues from FY26: CLSA

Vi's capex was 80 per cent lower than rival Airtel in the past nine months

Premium

Vi has been struggling operationally and financially for the past several months

Aneesh Phadnis Mumbai
Vodafone Idea’s (Vi) deepening financial crisis is likely to accelerate market share loss, and the firm would be unable to meet its annual $5-billion spectrum and adjusted gross revenue (AGR) payable to the government from FY26, brokerage CLSA said in a report on Wednesday.

While Vi is losing customers every month, it has been unable to raise funds. The firm’s capex was 80 per cent lower than rival Airtel in the past nine months. The planned conversion of interest into government equity hasn't materialised yet.

In its report, CLSA has said that Vi’s market share loss was set

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in