Vodafone Idea Completes 5G Minimum Rollout: What's Next?

Vodafone Idea has fulfilled its minimum rollout obligation for 5G networks across all its 17 telecom circles. The company acquired the necessary spectrum in 2022 and estimates a capital expenditure of Rs 50,000-55,000 crore over the next three years. Additional fund-raising efforts are underway.


PTI | New Delhi | Updated: 21-06-2024 20:30 IST | Created: 21-06-2024 20:30 IST
Vodafone Idea Completes 5G Minimum Rollout: What's Next?
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Debt-ridden telecom operator Vodafone Idea (VIL) on Friday announced the successful completion of its minimum rollout obligation for 5G networks, covering all its 17 telecom circles.

In 2022, Vodafone Idea acquired 50 MHz spectrum in the 3,300 MHz band for Rs 15,137.75 crore, aiming to provide 5G services. The company confirmed that it has now met the Minimum Rollout Obligation (MRO) in both allocated spectrum bands.

VIL had a mandate to launch commercial services in at least one city per circle by the end of the first year, expanding to 28 towns by 2025 and 87 towns by 2027. The telecom giant also estimates a capital expenditure need of Rs 50,000-55,000 crore over the next three years and has recently raised around Rs 20,000 crore through various sources, with ongoing discussions to secure an additional Rs 25,000 crore in debt financing.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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