Vodafone Idea’s capacity to invest in network contingent on ability to raise additional funds: Fitch

NEW DELHI: Vodafone Idea will aim to ramp up capital expenditure (capex) into its network to remain competitive against the top incumbents Reliance Jio and Bharti Airtel, said Fitch Ratings on Friday, adding that the capacity of India’s third-largest telecom operator to invest will depend on its ability to raise additional capital.