India Grants Vodafone Idea 5-Year Moratorium on Telecom Dues, Shares Dip

• India approved a five-year moratorium on Vodafone Idea's Adjusted Gross Revenue (AGR) dues, providing crucial relief.
• This pause freezes estimated dues of ₹87,695 crore, delaying repayments until the next decade.
• The decision follows a Supreme Court order allowing the Centre to rework the company's AGR obligations.
• Despite the relief, Vodafone Idea's shares fell by 15% as investors hoped for a full waiver or deeper concessions.
• Market analyst Vinit Bolinjkar noted the moratorium offers recovery time but didn't meet broader concession expectations.

Why It Matters: India offers Vodafone Idea a 5-year moratorium on AGR dues, providing relief but disappointing waiver hopes.