Vodafone Idea eyes ₹25,000 crore SBI-led funding after AGR relief - The Economic Times

A State Bank of India led consortium is looking at providing ₹25,000 crore debt funding to Vodafone Idea. This comes after the government significantly reduced the telco's dues. Vodafone Idea is also seeking ₹10,000 crore for working capital. The company plans a three-year turnaround program focusing on network upgrades and 5G expansion. (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Choose your reason below and click on the Report button. This will alert our moderators to take action Log out of your current logged-in account and again using your ET Prime credentials to enjoy all member benefits. Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.