Mumbai: Vodafone Idea (Vi) may finally be seeing the first signs of a turnaround after years of financial distress. The Supreme Court’s recent decision allowing the government to re-examine the company’s adjusted gross revenue (AGR) dues has brought cautious optimism to the telecom sector.
The verdict gives the government—already holding a 49 percent stake in Vi—the flexibility to explore a possible restructuring of dues that have long strained the company’s balance sheet. The move is widely seen as an effort to preserve competition in India’s telecom market and protect the interests of over 200 million Vi subscribers. Read Also Vodafone Idea Shares Surge Over 9%, Supreme Court Allows Centre To Reconsider AGR Dues Issue
Experts Turn Cautiously Positive
Market experts have turned mod

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