Vi’s AGR Fees Reduced, Bharti Airtel Seeks Reassessment

Vi's AGR dues cut by 27%, easing cash flow and opening fundraising. Bharti Airtel may seek reassessment. Government converted dues into equity, increasing its stake in Vi.

Complying with the reduction in Vi’s AGR fees, rival Bharti Airtel may additionally once more write to the DoT looking for reassessment of its AGR charges. The Sunil Mittal-led telco had previously written to populate seeking review of its AGR fees however there was no activity from DoT as it felt the business should get relief order from the High court.

Government’s Telecom Relief Package Explained

Under its 2021 telecommunications alleviation bundle, the government used a four-year halt to telcos, including Vi for repayment of AGR and spectrum charges. The alternative to convert dues into equity was additionally offered.

In February 2023, nearly 16,000 crore of passion on VI’s postponed range and AGR charges was exchanged equity, giving the federal government regarding 33% stake at the time. This was adhered to by the conversion of an extra 36,950 crore of spectrum public auction dues into equity in April 2025, at some point raising its risk to 48.99%, making it the company’s largest shareholder.

Vi’s AGR Dues Significantly Reduced

Mumbai: The division of telecommunication (DoT) has cut Vodafone Idea’s (Vi’s) readjusted gross revenue (AGR) obligations by almost 27% in a major cash-flow alleviation that opens up opportunities for fresh fundraising to the country’s third-largest telecom operator.

The staying dues will certainly be settled in six equal yearly instalments from FY36 to FY41, efficiently cold the mass of the fees for a years. The staggered payments are currently topped 16 years, supplying a much-needed breathing home window to the battling telco.