Vodafone Idea Shares Soar as Govt Considers Lifeline on ₹84,000 Cr Dues

Image Source: News24

Vodafone Idea (Vi) saw its shares jump by over 6% in early trade today following reports that the Indian government is actively considering a relief package for the financially embattled telecom operator. The potential relief could significantly ease the burden of Vi’s ₹84,000 crore in adjusted gross revenue (AGR) dues, which have long threatened the company’s survival.

According to sources, the government is exploring several options, including:

Raising the repayment tenure to 20 years from 6 years
Switching back to simple interest from compound interest on outstanding dues
Offering token payments of ₹1,000–1,500 crore a year until a final solution is discovered

The move comes amid concerns that Vi may not be able to operate beyond FY26 without intervention. The government, which now holds a 48.99% stake in the company following a spectrum dues-to-equity conversion, is reportedly keen to avoid a duopoly in the telecom sector.

This development has sparked optimism among investors, with Vi’s stock trading at around ₹6.98, up over 6% intraday.

Relevant Sources: NewsBytes, Moneycontrol, Business Standard