Vodafone Idea plans ₹1 trillion cash strategy for growth
pre-market1 source ↓written by the desknot a recommendation
- in spectrum dues
- ₹49,000 crore
- for capital expenditures
- ₹45,000 crore
Vodafone Idea Ltd aims to generate over ₹1.08 trillion in cash over the next three years, focusing on increased operating earnings and potential bank debt funding. The company faces ₹49,000 crore in spectrum dues and plans ₹45,000 crore for capital expenditures to enhance its network. CFO Tejas Mehta expressed confidence in meeting all obligations through this strategy.
Not investment advice. For informational purposes only.