Vodafone Idea (Vi) reports a tightened Q3 net loss of 5,286 crore, driven by 4G/5G subscriber growth and increased ARPU. Major AGR relief and a 3,300 crore fundraise mark a crucial financial turnaround, boosting optimism for future obligations.
Telecom Minister Jyotiraditya Scindia clarified that Bharti Airtel must seek Supreme Court directions to receive AGR debt relief similar to Vodafone Idea. He also discussed tackling spam and OTT platform regulations.
The government seeks clarity on Vodafone Idea's AGR relief from the Supreme Court order. Vi faces significant payments, and the government, a major shareholder, considers relief options. Vi has 200 million customers.
