Vodafone Idea will seek board approval afresh to raise funds after the government issued detailed guidelines on telecom reform measures, and its promoters will get a chance to participate in the fundraising round, a top official of the company said on Wednesday.
Vodafone Idea MD and CEO Ravinder Takker, told PTI that the company is gearing up to invest in the business and compete in the market.
He said when the actual guidelines come from the government, then the company will update business plans accordingly.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.