IMC 2024: Fund raise has kickstarted capex cycle for Voda Idea, says KM Birla

Vodafone Idea (Vi) has initiated a capital expenditure cycle of $3.6 billion on equipment from Ericsson, Nokia, and Samsung following a successful Rs 18,000 crore fundraise. Kumar Mangalam Birla highlighted the focus on controlling spam calls and fraud protection, emphasizing the government's push for expanded digital infrastructure.