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[BUSINESS] · India · 2 sources

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Vodafone Idea Sets FY27 Network Expansion and ₹45,000 crore Capex Drive

Kumar Mangalam Birla, non‑executive chairman of Vodafone Idea Limited, said the telecom operator will move from a "resolution" year in FY26 to an "execution" year in FY27. The company plans to invest heavily in network expansion, improve customer satisfaction and boost revenue growth.

Vodafone Idea is in active talks with banks to raise about ₹45,000 crore of long‑term funding for capital expenditure over FY27‑FY29. The board has approved the amount, and Birla highlighted the need for tariff reforms to sustain such investment. FY26 saw revenue rise 3% to ₹44,873 crore, EBITDA increase to ₹19,003 crore and an EBITDA margin of 43.1%, giving the firm a clearer financial base for the upcoming expansion.

Birla linked the telecom sector to India’s broader goal of becoming a developed economy by 2047, describing reliable high‑quality communications as essential national infrastructure.

Entities

Aditya Birla Group · Kumar Mangalam Birla · Vodafone Idea Limited