An analyst from YES Securities said that Vodafone Idea is presenting a compelling buying opportunity as it finds robust support, despite a recent retreat from its high.
Axis Securities in its Budget 2026 note said the telecom industry is seeking GST relief on regulatory payments, including exemption or reduction of GST from 18 per cent to 5 per cent on license fees and spectrum charges.
Vodafone Idea’s management, during its analyst meet, unveiled an Rs 45,000 crore capex plan for the next three years, aimed at reaching parity with peers on 4G network coverage in 17 priority circles.
Earlier this month, the telecom operator announced an update on its adjusted gross revenue (AGR) dues. In an exchange filing, the company said it received a communication from the Department of Telecommunications (DoT) providing relief in the long-pending AGR issue.
Jio Platforms has the potential to be the largest IPO in India in 2026. Two large-listed telecom operators in India post the IPO could result in an increase in telecom sector weightage in indices.
Vodafone Idea has received major relief on its AGR dues, with repayments stretched till 2041, significantly easing near-term cash flow pressure and reducing debt in net present value terms.
In an exchange filing, the company said it has received a communication from the Department of Telecommunications (DoT) outlining relief in the long-pending AGR matter.
Vodafone Idea is likely to report revenue, reported Ebitda, and cash Ebitda largely flat QoQ, as net subscriber losses of around 35 lakh are expected to offset ARPU growth of 1.1 per cent QoQ to Rs 169.
The telecom operator informed exchanges that it would receive around Rs 5,836 crore from UK-based Vodafone Group as part of a re-settlement of a liability claim pact between the two companies.
At 9.31 am, the Vodafone Idea stock was trading 4.46 per cent to hit a high of Rs 11.24 apiece. The scrip is up 30.60 per cent in the past three months against an 11.62 per cent rise in the BSE Telecommunication index.
Vodafone Idea: Contrary to expectations of at least a 50 per cent waiver, no waiver on AGR dues was announced. Emkay said the DoT would constitute a committee to reassess AGR dues within six to eight months.





