Deployed Capital For Upgrading Spectrum : Abhijit Kishor, Vi COO

Deployed Capital For Upgrading Spectrum : Abhijit Kishor, Vi COO

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Chetan Bhutani
  • Updated Oct 16, 2024 4:02 PM IST

 

Vodafone Idea's promoter Kumar Mangalam Birla on October 15 said the fundraise for the debt-ridden telecom operator has helped kickstart the capex cycle again. He highlighted that Vi's follow-on-public offer (FPO) was the largest of its kind in India. "We had received bids worth more than Rs 90,000 crore... the response was an emphatic endorsement of the potential of Indian telecom sector," Birla said. BTTV's Chetan Bhutani spoke exclusively with Vodafone idea's Abhijit Kishore and asked him about the fundraising and network expansion plans.

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