Vodafone Idea won’t shy away from increasing the currently unsustainable mobile tariffs: Ravinder Takkar, MD

MUMBAI | KOLKATA: Vodafone Idea (Vi) said its plans to raise as much as Rs 25,000 crore are getting a positive response and are set to conclude in two to three months.

“We are in discussions with several interested parties to raise funds through the debt and equity routes. The interest levels have been very good and the ongoing discussions are progressing well… we hope to conclude the fund-raise in two to three months at most… we are very optimistic on this score,” managing director Ravinder Takkar said on a post-earnings call with analysts on Friday.

ET had reported that Vi has reached out to credit funds such as Oak Hill Advisors, Marathon Asset Management, Spectrum Asset Management,