Vodafone Idea Reaffirms 3-Year Growth Targets and $4.7 Billion Capex Plan

Summary

Vodafone Idea has reaffirmed its three-year growth targets, including double-digit revenue growth and a significant capital expenditure plan of 450 billion rupees for network investment. The company has already placed orders worth 90 billion rupees for network equipment, supported by promoter confidence and ongoing lender discussions, aiming to boost subscriber numbers and financial performance.