Now Reading: Vodafone Idea seeks Rs 45,000 crore for FY27-FY29 investment
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Vodafone Idea seeks Rs 45,000 crore for FY27-FY29 investment
Vodafone Idea is in talks with lenders to fund a Rs 45,000 crore capital investment programme over FY27 to FY29, chairman Kumar Mangalam Birla said in the company’s FY26 annual report, according…
The Story in Brief
Vodafone Idea is in talks with lenders to fund a Rs 45,000 crore capital investment programme over FY27 to FY29, chairman Kumar Mangalam Birla said in the company’s FY26 annual report, according to ETTelecom. The operator raised Rs 3,300 crore through non-convertible debentures during the year and received a further $500 million commitment from the Aditya Birla Group.
The company’s AGR liability was finalised at Rs 64,046 crore, down from the provisional Rs 87,695 crore, producing a one-time profit after tax of Rs 34,552 crore. FY26 revenue rose 3% to Rs 44,873 crore and EBITDA increased 4.8% to Rs 19,003 crore. Vi ended the year with 192.8 million subscribers.
The Indian Opinion
The easy narrative is that Vi’s AGR relief has solved its financial troubles, while the opposite claim is that a large investment plan alone will restore it to health. Neither is enough. Funding must translate into better coverage, sustained subscriber additions and stronger cash generation, not just improved accounting figures. The clearest test is whether Vi can execute the Rs 45,000 crore programme without a fresh funding gap or another fall in customers.
Source: telecom.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
