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Vodafone Idea taps SBI consortium for ₹25000 crore after government AGR relief signals turnaround funding bid

Business
Published on 3 May 2026
Vodafone Idea taps SBI consortium for ₹25000 crore after government AGR relief signals turnaround funding bid

Debt plan could reshape its 5G runway in months

Vodafone Idea is in talks with an SBI-led consortium for ₹25,000 crore in debt funding, following a major government cut to its AGR dues. The telco is also seeking ₹10,000 crore for working capital and is preparing a three-year turnaround plan anchored on network upgrades and accelerating 5G expansion, aimed at stabilising operations and cash flow.

  • SBI-led consortium considers ₹25,000 crore debt for Vodafone Idea
  • Government reduced AGR dues before the funding push
  • Vodafone Idea also seeks ₹10,000 crore working capital
  • Turnaround plan targets network upgrades and 5G expansion
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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