Shares of Vodafone Idea Ltd (VIL) are in focus on Tuesday morning after the telecom operator conducted an investor call to discuss key developments. The telecom operator is expecting the subscriber churn to reduce from the March quarter onwards, since the capex rollout is expected to commence from the December quarter. It expects debt fundraising of Rs 35,000 crore to conclude in 7-8 weeks and sees about 20 per cent tariff hike next year.
Tariff hikeMOFSL, which attended the meet said, the management expects another tariff hike of 20 per cent — a similar quantum of rate hike that was seen in July, between Q2FY26 and Q3FY26. The Vodafone Idea management sees the equity conversion to commence once the moratorium ends.
“The company has finalised a deal valued at Rs 30,000 crore with Nokia, Ericsson, and Samsung to supply network equipment. The delivery of the radio equipment is expected to begin in the second half of the upcoming quarter (November/December 2024), followed by the…
