New Delhi, Sept. 10 -- Global brokerage firm Jefferies expects a 25 per cent compound annual growth rate (CAGR) in operating profit for Vodafone Idea Limited (VIL), driven by operating leverage, subscriber stabilization, and tariff-led earnings expansion.

The brokerage termed the company a high-beta turnaround opportunity in the Indian telecom sector, despite existing execution and funding risks.

According to Jefferies, network investments by the company reduce churn and support customer additions, setting the stage for an operational turnaround.

"VIL offers high-beta turnaround opportunity in Indian telecom. We expect subscriber stabilization to support an 11% revenue CAGR over FY26-29 which along with strong operating leverage will d...