Archive · 31 May 2025
Vodafone Idea Approves Rs 20,000 Crore Fundraise
Vodafone Idea, a telecom company, plans to raise up to 20,000 crore rupees by selling stocks and bonds.
This money will help the company pay its debts, improve its services, and expand its 5G network.
The company recently reported a smaller loss than last year but still faces challenges like losing subscribers and intense competition from other telecom providers.
The board of directors approved the fundraising on May 30, 2025.
Vodafone Idea approved a fundraise of up to Rs 20,000 crore.
The fundraise will be through equity and debt instruments.
The move aims to support operations and reduce liabilities.
The company reported a net loss of Rs 7,166.1 crore in Q4 FY25.
Vodafone Idea's subscriber base fell below 200 million.
- Who
- Vodafone Idea
- What
- Vodafone Idea approved a fundraise of up to Rs 20,000 crore.
- When
- May 30, 2025.
- Where
- Not explicitly mentioned.
- Why
- To support operations, reduce liabilities, and expand network capabilities.
- Fundraise Amount
- Rs 20,000 crore
- Q4 FY25 Net Loss
- Rs 7,166.1 crore
- Q4 FY24 Net Loss
- Rs 7,674.59 crore
- Q4 FY25 Revenue
- Rs 11,013.5 crore
- Q4 FY24 Revenue
- Rs 10,606.8 crore
- Subscriber Base (March)
- 198.2 million
