Vodafone Idea is a 3 manner partnership between Britain’s Vodafone and Idea Cellular
New Delhi:
Vodafone Idea acknowledged on Monday it plans to rebrand itself as a result of the debt-ridden telecoms service, which has been shedding prospects, seems to fluctuate its image three years after it launched a very powerful merger in India’s telecoms market.
On Friday, the loss-making agency authorised fundraising of as a lot as Rs 25,000 crore at a time it owes roughly Rs 50,000 crore ($6.81 billion) in dues to the federal authorities.
The dues, in response to a Supreme Courtroom order, ought to be paid over a 10-year interval.
Vodafone Idea, a 3 manner partnership between Britain’s Vodafone and Idea Cellular, acknowledged it will go by the mannequin title “Vi”.
