Voda Idea needs minimum Rs 70,000 crore equity funding plus govt relief to survive: Analysts

Vodafone Idea NSE -1.65 % (Vi) needs a minimum Rs 70,000 crore equity infusion along with substantial government relief on the adjusted gross revenue (AGR) payments front and an early floor pricing regulation to climb out of the deep financial hole it’s in and survive, analysts said.

“Vi will need to raise around Rs 70,000 crore in equity or increase its average revenue per user (ARPU) to around Rs 200 to get out of the woods, or some combination of the two,” brokerage Deutsche Bank said in a report.