Vodafone Idea to raise up to ₹25,000 crore2 min read 04 Sep 2020, 07:58 PM IST
Vodafone Idea will take up the proposal at its annual general meeting on 30 September
Analysts believe that Vodafone Idea will need to more than double its average revenue per user (Arpu) to meet its AGR repayment obligations
Vodafone Idea Ltd on Friday said it will raise up to ₹25,000 crore. The board of the Birla group telecom operator approved fundraising after getting clarity from the Supreme Court on staggered payment of government dues earlier this week.
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