Vi confident of clearing vendor dues by FY26, say analysts
Vodafone Idea is confident of clearing all its outstanding vendor dues by FY26, the company has told analysts in a recent meeting.
Besides the dues clearance, the company is looking to be 5G ready by the end of FY26, upsell premium plans to consumers, boost its average revenue per user (Arpu) via tariff hikes and 2G to 4G user conversion.
Comments from the company assume significance given its successful fundraise of Rs 18,000 crore through follow-on offer (FPO), and basis this Vodafone Idea is soon expected to raise bank debt of Rs 25,000 crore.