Vi is showing signs of a turnaround, with pan-India revenue growing 3.0% (Dec’25 vs Dec’24), and an even better 5.7% in areas with new investments.

Critically, subscriber losses have significantly stemmed, showing improving customer trust.

The company recently settled its large AGR dues at ₹87,695 Cr with a manageable long-term payment plan.

This follows major financial efforts, including repaying ₹36,500 Cr of bank debt and a ₹27,000 Cr equity infusion from promoters.

Post-FPO, ₹16,000 Cr has been invested, leading to 117,000 new broadband sites, covering 10 Cr more people, boosting data capacity by 43%, and improving average data speeds by 22%. 5G is now live in 43 cities.

Looking ahead, Vi plans a substantial ₹45,000 Cr investment over the next three years.

Their '17-5-5 Strategy' targets aggressive network rollout for coverage parity and expanding 5G. The focus is also on "service as a differentiator" through AI-led customer experience and an expanded retail presence.

Management is confident about sustained subscriber additions, double-digit revenue growth, and tripling Cash EBITDA in three years, indicating a shift "from survival to strength."