The Vodafone Idea (Vi) stock surged almost 20% Tuesday morning on BSE, just days after the government resolved to convert a sizeable chunk of the telco’s spectrum dues into equity shares worth Rs 36,950 crore.
telecom stocks
Eyes on Vodafone Idea, Tata Teleservices and Bharti Airtel, Central Government is considering waiving AGR dues
Shares of telecom companies in Monday’s session (January 20) traded with significant gains amid reports that the centre is considering a waiver on adjusted gross revenue (AGR) dues for telecom companies.