Vodafone Idea to approach board for fundraising after govt issues guidelines on reform measures: CEO
New Delhi: Vodafone Idea will seek board approval afresh to raise funds after the government issues detailed guidelines on telecom reform measures, and its promoters will get a chance to participate in the fundraising round, a top company official said on Wednesday.
Vodafone Idea MD and CEO Ravinder Takkar told PTI that the company is gearing up to invest in the business and compete in the market.
He said when the actual guidelines are issued by the government, then the company will update its business plans accordingly.