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Company updateFinancial Express

Vodafone Idea steps up capex as funding pressures ease

Positive+39

GreyOak summary

Vodafone Idea increased capital expenditure to Rs 3,946 crore in the September quarter after fully repaying legacy bank debt. The company secured over Rs 10,500 crore in total funding and added 1.3 million subscribers, though net loss widened to Rs 5,975 crore.

What it affects

  • Vodafone IdeaIDEAPositive +39

    Vi increased capex and repaid legacy debt.Rolling sentiment Negative -71

Source

Read the original at Financial Express

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