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Wednesday, October 13, 2021

Vodafone Idea in talks to raise up to $1 billion in equity

The struggling telco is looking to leverage the recent government relief package that has eased its immediate cash flow burden and made it more attractive to investors. "Vi is open to offering a minority stake to global PEs if there is agreement on valuations and terms," one of the people said.

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

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