Vodafone Idea may miss December deadline for fundraise

New Delhi: Vodafone Idea (Vi) may miss the December deadline to raise fresh funding as the debt-laden telecom operator has yet to finalise the terms of the potential deal with investors, officials aware of the discussions told ET. The company is, however, hopeful of closing the deal in the current quarter.

Separately, the telco is in talks with the Export-Import (EXIM) Bank of the US to raise capital for procuring 5G network equipment from American companies including Mavenir.