Vodafone Idea sees no impact of SC ruling on debt-funding, capex plans

Vodafone Idea has stated that the recent Supreme Court ruling on the adjusted gross revenue (AGR) dues will not impact its debt funding and capital expenditure plans. The company clarified that it has already accounted for the AGR liabilities in its financial statements and has made provisions for the same. Vodafone Idea emphasized that it remains focused on its business plans, including network expansion and service improvement, to enhance customer experience. The company also highlighted its ongoing efforts to raise funds through debt and equity to support its operational and strategic initiatives. Vodafone Idea reiterated its commitment to providing quality services to its customers and maintaining its position in the competitive telecom market. The company assured its stakeholders that it is taking all necessary steps to address the financial challenges and ensure long-term sustainability.