Vodafone Idea unveils ₹45,000 crore capex plan, rules out equity raise
New Delhi: Vodafone Idea on Wednesday said it is targeting double-digit revenue growth, a three-fold increase in operating profit, and sustained subscriber additions over the next three years, as it unveiled a ₹45,000-crore capital expenditure plan under its Vi 2.0 strategy.
To support the capex plan, the telecom operator is looking to raise ₹25,000 crore in bank funding and ₹10,000 crore in non-funded facilities. The company, however, is not seeking equity funding at this time.
