Vodafone fades as Vi 2.0 resets finances to drive India network comeback
Vodafone passive, lets stake plummet, as Indian JV financially engineering 4G/5G comeback. Work in progress, with $20bn+ debt, and further government lifeline and bank borrowing on horizon. Read more…
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- Organisations: Vodafone Idea (Vi); Vodafone Group; Aditya Birla Group (ABG); Oriana Investments; ATC India; Indus Towers.
- Geographic: India.
- People: Akshaya Moondra; Kumar Mangalam Birla.
- Themes: 4G; 5G; Network investment; Equity funding; Debt funding; Spectrum payments.
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