According to industry reports, Vodafone Plc and Aditya Birla Group are considering all options, including infusing fresh equity into Vodafone Idea Limited (Vi). The move is being considered to further supplement the recent relief package and signal to potential investors that the operator’s future is secure.
While, no decision has been taken yet but the pros and cons of a fresh capital infusion are being deliberated upon. This has happened primarily because the telco’s lenders and prospective overseas investors want Vi’s co-promoters to inject some capital quickly, in order to showcase their keenness to revive the telco and consolidate the gains after the government moved to provide financial relief to the sector.