Vodafone Idea Mulls Borrowing to Pay For Network Growth, Bloomberg Says, Citing Sources
Dow Jones01-09
--India's Vodafone Idea is considering accessing debt capital to boost growth, Bloomberg reports, citing unnamed sources.
--The company might seek financing from local and global lenders to improve its network and compete against larger rivals in the market, according to Bloomberg.
--The move follows the Indian government's decision to cap annual payouts for past spectrum fees until 2035 in order to stop the country's telecom sector from becoming a duopoly, Bloomberg says.
Full story: https://shorturl.at/Bo21b
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
January 09, 2026 04:13 ET (09:13 GMT)
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