Live
- Israel renews airstrikes on Beirut's suburbs
- India sees 4.8 pc overall exports growth in first half of FY25
- Domestic Help Arrested For Contaminating Employer's Food With Urine
- India to host ITF, ATP and WTA tennis tournaments in India in 2025
- PKL Season 11: How are kabaddi mats made? What are the raw materials used? Gravolite details the manufacturing of kabaddi mats
- Vishwak Sen’s ‘Mechanic Rocky’ trailer to be out on Oct 20
- Grand set work commences in 15 acres for ‘Sharwa38’
- Music director Shekhar Chandra talks about ‘Pottel’
- Make me CM again, says Kejriwal in open letter to Delhi voters
- ‘Magic’ in theatres from Dec 21
Vodafone Idea executing $3.6-bn capex
The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a ‘more secure footing’ to ensure that the company remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday.
New Delhi: The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a ‘more secure footing’ to ensure that the company remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday.
Speaking at the inauguration of IMC and ITUWTSA 2024, Birla exuded confidence that with continued support of the government, Vodafone Idea Ltd (VIL) will do its part in realising India’s digital destiny. “With the continued support of the government, I am confident that we will do our part to realise the Prime Minister’s digital India destiny. I am a firm believer in the transformative power of India’s telecom sector and I see it as a bridge to a more connected, empowered and prosperous India,” he said.
VIL’s fundraise has enabled the company to kick-start its capex cycle, he noted. “Vodafone Idea has already announced the next phase of Capex worth $3.6 billion with three global partners, Nokia, Ericsson and Samsung. These are all key steps that place VIL on a more secure footing and ensure that the company remains dynamic and competitive,” he said.
