New Delhi, Jan. 28 -- Vodafone Idea on Wednesday said it is targeting double-digit revenue growth, a three-fold increase in operating profit, and sustained subscriber additions over the next three years, as it unveiled a Rs.45,000-crore capital expenditure plan under its Vi 2.0 strategy.
To support the capex plan, the telecom operator is looking to raise Rs.25,000 crore in bank funding and Rs.10,000 crore in non-funded facilities. The company, however, is not seeking equity funding at this time.
The telecom operator's current funding structure (bank funding and non-funded facilities) is adequate to manage the investment plan, and it may re-evaluate the situation two years down the line for fundraising via equity, Abhijit Kishore, chief ...
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