Vodafone Idea: AGR Relief to Revive Company, Citi Projects ₹15 Target

• Citi's report indicates government AGR relief will help Vodafone Idea secure ₹25,000 crore bank loan.
• Securing bank loans will enable network improvements and attract new equity funding, strengthening VI's business.
• AGR relief is expected to alleviate 'going concern' doubts and boost shareholder confidence in future earnings.
• Improved network and customer growth will positively impact VI's revenue and share performance.
• Indus Towers, a key partner, will also benefit from VI's improved financial health, potentially resuming dividends by CY26.

Why It Matters: Government AGR relief is crucial for Vodafone Idea's revival, enabling funding, network growth, and business stability.