Vi must raise $2.5 billion equity to retain share: IIFL

They added that without an early equity infusion, the cash strapped telco would continue to be short on 4G capex funds and concede more market share to financially-stronger rivals, Reliance Jio and Bharti Airtel, who are known to be investing far bigger sums on capex to boost network coverage and capacity.


via Economictimes

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