Vodafone Idea steps up capex as funding pressures ease

Vodafone Idea (Vi) is stepping up investments in its network expansion as fresh funding and progress on debt repayments provide some financial headroom to the cash-strapped telecom operator. The company has fully repaid its legacy bank debt and paid more than Rs 6,000 crore towards spectrum obligations falling due in FY27, even as it accelerates capital expenditure to improve network coverage and arrest subscriber losses.