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2 clusters · 3 sources · 6 days · First seen · Last updated

Vodafone Idea financial recovery and network expansion

Overview

Vodafone Idea has transitioned from a period of financial resolution toward a phase of capital expenditure and network execution. The company has announced plans to invest approximately ₹45,000 crore in network expansion and infrastructure between FY27 and FY29, seeking long-term funding from banks to support this drive.

Financial reports for the first quarter of FY27 indicate progress in the company’s recovery, with net losses narrowing to Rs 3,754 crore compared to Rs 6,608 crore in the same period the previous year. Revenue grew by 6% year-on-year, and the average revenue per user (ARPU) increased to Rs 195.

Additionally, the operator reported its first net subscriber additions since its merger, bringing its total base to 193.1 million. The company has also expanded its 5G services to over 200 cities.

Entities

Vodafone Idea Limited · Abhijit Kishore · Aditya Birla Group · Kumar Mangalam Birla

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Vodafone Idea narrows Q1 FY27 loss to Rs 3,754 crore

    Vodafone Idea reported a narrowed Q1 FY27 net loss of Rs 3,754 crore, driven by rising ARPU to Rs 195 and its first net subscriber addition since the merger.

  2. 9 days ago

    [BUSINESS] 2 sources
    Vodafone Idea Sets FY27 Network Expansion and ₹45,000 crore Capex Drive

    Kumar Mangalam Birla says Vodafone Idea will execute a major FY27 network expansion, seeking ₹45,000 crore in bank funding after a stronger FY26 financial performance.

Sources

hindi.business-standard.com · newindianexpress.com · telecomtalk.info