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Wednesday, January 27, 2021

Vodafone Idea shelves debt fundraising; plans for QIP: Report

The telco is considering a change in strategy now because investor sentiment has significantly improved along with the company’s prospects, the report said. "The company now plans to raise capital via a fresh equity issuance through a qualified institutional placement (QIP),” a person was quoted as saying.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2M1BgJZ

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