Vodafone UK may offer Rs 2,000 crore equity topup to Vi

Kolkata: UK’s Vodafone Group Plc may infuse ₹2,000 crore equity into Vodafone Idea (Vi) out of the proceeds of a likely sale of its balance 3.1% holding in Indus Towers, said analysts who added that this may be used to clear a portion of the Indian telco’s dues to the tower company.

Vi may also make more substantial payments to Indus towards cutting its dues after the telco raises debt of ₹23,000-25,000 crore through term loans as planned, they added.