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Wireless

Vi studies fund-raising options

Tuesday 20 July 2021 | 09:14 CET | News
Indian operator Vi (Vodafone Idea) has announced it continues to explore fund raising opportunities and will inform the regulators once proposals to raise INR 250 billion are considered by its board of directors. Vi's statement follows recent local press reports claiming the operator started talks with Apollo Global Management to raise up to USD 3 billion (INR 224 billion) in funding over the next three months through a mix of debt and equity to meet major upcoming payment obligations.

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Categories: Mobile & Wireless
Companies: Vodafone Idea
Countries: India
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