Vi will have to raise equity of $2.5 billion to retain shares: IIFL

Analysts say Vodafone Idea (VI) needs to raise around $2.5 billion (about Rs 18,750 crore) through the equity route and lower its capex rate to maintain its current revenue market share (RMS) of 19 per cent. Will have to double. He said without the initial equity investment, the cash-strapped telco will remain low on 4G … Read more