According to Akshaya Moondra, chief executive officer (CEO), Vodafone Idea Limited (Vi), Vi’s recently concluded follow-on public offer (FPO) worth Rs 180 billion has been subscribed 7 times and is a significant milestone that reflected the trust and confidence of investors in the telco’s brand.
In a letter to Vi’s customers, he noted that Vi’s upcoming investments would focus on both expansion of its 4G services and rollout of 5G with the latest technology, ensuring the telco continues to deliver the service quality that customers expect.
He added that Vi had been ranked highly on voice quality by the Telecom Regulatory of India (TRAI) and for fast data speeds by independent agencies.
