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Friday, December 29, 2023

Vi shares jump over 22% on BSE amid fundraise closure buzz Read more at: https://telecom.economictimes.indiatimes.com Dec 29,2023

 For the past three years, Vi has been struggling to raise funds needed to pay its large vendors like Indus and the government, expand its 4G coverage and also invest in its pending 5G rollout to compete effectively with bigger rivals Reliance Jio and Bharti Airtel

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Kolkata: Shares of Vodafone Idea (Vi) surged 21% on the BSE Friday, amid unconfirmed buzz about the cash-strapped telco likely closing its much delayed fundraise soon.

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