Vodafone Idea shares jump 10% on $3.6 billion deal with Nokia, Ericsson and Samsung

Shares of debt-ridden Vodafone Idea soared by 10%, reaching a day’s high of Rs 11.94 on the Bombay Stock Exchange (BSE) after the company announced on Sunday that it has signed agreements worth $3.6 billion (Rs 30,000 crore) with Nokia, Ericsson, and Samsung to source telecom equipment over three years for 4G network expansion and 5G rollouts.