Vodafone Idea CEO considers converting more govt dues into equity and plans 5G rollouts in key cities.

Vodafone Idea (Vi) CEO Akshaya Moondra revealed that the telco is considering converting more govt dues into equity and using internal accruals to address payout obligations toward spectrum and AGR, with a moratorium ending in September 2025. Vi plans to target 5G rollouts in key cities over six months, using a bulk of its Rs 50,000-55,000 crore funding for 4G coverage expansions and ramping up 4G capacity.

May 18, 2024
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