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Vodafone Idea planning to invest Rs 20,000 crore in networks over next 15 months

11 Feb 2019 Evaluate

Vodafone Idea is planning to invest around Rs 20,000 crore in networks over the next 15 months. The company has given capex of Rs 27,000 crore for financial year 2019 and financial year 2020, combined together. Out of that, roughly Rs 7,000 crore has been spent in first nine months. In next 15 months, the company is looking at capex deployment of Rs 20,000 crore.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

Peers
Company Name CMP
Bharti Airtel 1833.00
Vodafone Idea 13.20
Indus Towers 385.00
Tata Communications 1660.15
Railtel Corp. India 254.45
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