CARE Ratings revises Vodafone Idea outlook to ‘Positive’ on AGR relief, capex plan
CARE noted that while the AGR deferral significantly reduces near-to-medium-term cash outflows, spectrum-related dues are likely to increase sharply from FY28 onwards. The company’s ability to meet these obligations will depend on the timely execution of network capex, tariff hikes, and operating leverage-led improvement in cash flows.
CARE noted that while the AGR deferral significantly reduces near-to-medium-term cash outflows, spectrum-related dues are likely to increase sharply from FY28 onwards. The company’s ability to meet these obligations will depend on the timely execution of network capex, tariff hikes, and operating leverage-led improvement in cash flows.
