π° Vi secures Rs 6,400 crore funding tranche
Vodafone Idea successfully closed an initial Rs 6,400 crore funding tranche through various lenders. This progress involves an SBI-led consortium of public sector banks, private Indian banks, and foreign banks. The funding is part of a larger Rs 45,000 crore network expansion plan over the next three years. The company is hopeful about finalizing discussions with the PSU banks led by SBI. Vi plans to roll out 3,000-3,500 new 4G sites monthly to boost connectivity.