Vodafone Idea 2.0: Will the $3.6 Bn Capex Push Provide a New Lease on Life?

Published on: September 23, 2024 - Vodafone Idea is rolling out an ambitious turnaround plan, with a ₹30,000 crore or $3.6 billion investment in network equipment over the next three years. The company has locked in deals with industry giants Nokia, Ericsson, and Samsung to upgrade its 4G network, and this is just part of a larger ₹55,000 crore ($6.6 billion) capital expenditure plan aimed at dramatically expanding its reach and capabilities. Vodafone Idea is betting big on expanding its 4G services while also laying the groundwork for its much-awaited 5G launch.