Vodafone to infuse Rs 3,375 crore in Vodafone Idea

Vodafone Idea Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532822 | NSE: IDEA

05 Mar 2022 Evaluate

Promoter Vodafone is planning to infuse up to Rs 3,375 crore into debt-ridden Vodafone Idea as part of the company's proposed raising of funds worth Rs 14,200 crore. Besides Vodafone, Aditya Birla Group plans to pump in up to Rs 1,125 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	1830.00
Vodafone Idea	14.47
Indus Towers	379.65
Tata Communications	1746.20
Railtel Corp. India	252.55
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