Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts

Without fundraising, the company may not be able to meet its payment obligations over the next 12 months

Topics
Vodafone Idea | Telecom companies

Ram Prasad Sahu  |  Mumbai 

Vodafone Idea’s March quarter results met expectations, but the company’s stock slipped more than 8 per cent given concerns about debt levels, the adjusted gross revenues issue (AGR) and fundraising plans.

A 12 per cent decline in revenues on a sequential basis was largely due to lower average revenue per user (ARPU), which is total revenue divided by the number of subscribers and slipped for Vodafone due to a marginal dip in subscriber base. The company attributed the fall in revenue-- adjusted to Q3 levels--to interconnect usage charge (IUC) and fewer days in the ...

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First Published: Thu, July 01 2021. 13:48 IST
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