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Vodafone Idea eyeing to rollout 5G services in 6-9 months after FPO

15 Apr 2024 Evaluate

Vodafone Idea is eyeing to roll out 5G services in select pockets in 6-9 months after Rs 18,000 crore further public offer (FPO) issues. The 5G rollout will cover 40% of the company's overall revenue base in the next 24-30 months. A sum of Rs 5,720 crore has been allocated for the rollout.

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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