Vodafone Idea Secures $3.5 Billion Loan to Enhance Network Competitiveness
Vodafone Idea has secured a $3.5 billion loan from a SBI-led consortium to enhance its network and compete more effectively against Bharti Airtel and Reliance Jio. The funds will be used for improving service quality and expanding infrastructure, crucial for regaining market share in India’s competitive telecom landscape.
