Talking on the thirty first annual common assembly, Aditya Birla Group chairman Kumar Mangalam Birla stated the corporate’s marketing strategy elements in servicing all scheduled spectrum funds over the subsequent three years. “Our AGR (adjusted gross income) funds are deferred to FY35… The present excellent by way of financial institution loans is barely ₹225 crore at the moment and, within the subsequent three years, the marketing strategy elements in fee of all spectrum dues,” he stated.
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The compensation plan is critical as a result of after the federal government slashed Vi’s AGR liabilities this 12 months, the ₹49,000 spectrum dues have been its largest monetary overhang.
ET BureauNevertheless, it’s nonetheless unclear how the telco plans to service these funds. As per schedule, Vi is required to pay about ₹7,000 crore in FY27, ₹15,000 crore in FY28 and ₹27,000 crore in FY29.
Market analysts have raised doubts over Vi’s skill to display a reputable compensation roadmap for these obligations. Lenders have additionally questioned whether or not Vi can generate adequate money flows to concurrently fund community growth, service debt and meet rising spectrum fee obligations.
As of FY26, Vi generated ₹19,411 crore as working money flows.ALSO READ | Vodafone Idea Q1 Results: Loss narrows to Rs 3,754 crore; revenue rises 6% YoY
Numbers Present Operational Energy Returning
The corporate earlier stated it doesn’t intend to hunt any additional moratorium on spectrum funds and plans to fulfill obligations via a mixture of upper ebitda, inner money technology and contemporary financial institution funding.
This runs parallel to Vi’s Rs 45,000-crore capital expenditure programme to develop 4G protection and speed up its 5G rollout.
Operationally, the corporate returned to month-to-month subscriber additions from February, expanded 4G inhabitants protection to over 86%, elevated its broadband tower depend to greater than 200,000, and ended FY26 with 192.8 million subscribers, together with almost 129 million 4G and 5G customers, Birla stated.
Vi’s 5G providers are actually reside in additional than 200 cities and cities and can develop to round 450 cities over the subsequent two to 3 months. Over the previous six quarters, the telecom operator has added 32,000 4G websites and 16,000 5G websites, rising community capability by 47% and enhancing 4G inhabitants protection from 77% to 87%. The telecom goals to develop protection to 95% of the inhabitants in its working circles inside the subsequent 5 to 6 quarters.
Vi has considerably strengthened its monetary place in FY26 by elevating Rs 3,300 crore via non-convertible debentures and concluding the settlement of Rs 6,394 crore of receivables from Vodafone Group.
