Vodafone Idea Ltd News Today

The telecom operator also noted that when the DoT makes a final decision, it will make all relevant disclosures as required by law.

This marks the beginning of its $6.6 billion capital expenditure plan aimed at expanding 4G coverage to 1.2 billion people and launching 5G in key markets.

While the corporation did not comment on the individual transactions, it is expected to award 40% to Ericsson and Nokia.

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the Supreme Court on Thursday rejected a slew of petitions by telecom companies, including Vodafone Idea, seeking to recalculate the companies' Adjusted Gross Revenue (AGR)

For Vi, in 2019, the Supreme Court upheld the Department of Telecom's AGR demand, resulting in a burden of ₹58,000 crore.

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The company’s 4G subscriber base continued its growth for the twelfth consecutive quarter, rising to 126.7 million from 122.9 million in the previous quarter.

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Vi is also in discussions with lenders to raise debt funding of ₹25,000 Crore, as part of its fundraising strategy.