Vodafone Idea posts quarterly loss, says to raise Rs 25,000 crore

Vodafone Idea posts quarterly loss, says to raise Rs 25,000 crore

Country’s largest telecom operator by subscribers and revenue, Vodafone Idea Ltd posted losses of Rs 4,974 crore for the quarter ended September 2018, its first quarterly results since merger. Revenue from operations was Rs 7,664 crore. The company is looking to raise Rs 25,000 crore capital in which promoters Vodafone Group will chip in Rs11,000 crore and Aditya Birla Group Rs7,250 crore.

Read More at Livemint News date : 15 Nov 2018, Thursday

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