Vodafone Idea plans ₹45,000 crore capex for turnaround
pre-market1 source ↓written by the desknot a recommendation
- in capital expenditure
- ₹45,000 crore
- in key markets
- 5G parity
- already spent
- ₹18,000 crore
- in four
- ₹60,000 crore
Vodafone Idea Ltd (Vi) will invest ₹45,000 crore in capital expenditure over the next three years to enhance network upgrades and achieve 5G parity in key markets. This investment follows ₹18,000 crore already spent in the past six quarters, totaling over ₹60,000 crore in four and a half years. The company aims for double-digit revenue growth and a threefold increase in EBITDA during this period.
Not investment advice. For informational purposes only.