Company updateEconomic Times
Multiple lenders' involvement delaying loan; spectrum renewal not to hit services: Vodafone Idea CEO
Negative-39
GreyOak summary
Vodafone Idea CEO stated that loan processing is delayed due to multiple lender involvement, though capex momentum is maintained via private and foreign bank funds. The company reported a widened consolidated net loss of Rs 5,975 crore for Q2 FY27, driven by an exceptional loss of Rs 462 crore. ARPU rose 10% to Rs 198, and services will not be disrupted during spectrum renewals.
What it affects
- Vodafone IdeaIDEANegative -39
Loan delay; capex funded; loss widened.Rolling sentiment Negative -71
Source
Read the original at Economic TimesMore Vodafone Idea news
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