Massive funding boost could be on the way for Vodafone Idea

Massive funding boost could be on the way for Vodafone Idea

Could the fortunes of Indian operator Vodafone Idea be about to change? That’s probably too optimistic an assessment at this stage, but recently announced plans to raise Rs45,000 crore (about US$5.5 billion) via equity and debt signal that a much-needed funding boost may finally be on the way for Vodafone Idea.