Vodafone Idea is in talks with lenders, led by State Bank of India, to secure approximately 250 billion rupees in loans. This funding aims to enhance its network infrastructure and improve competitiveness against Reliance Jio and Bharti Airtel. The company seeks to reclaim market share amidst subscriber losses, with potential government relief on dues possibly aiding their financial position.
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Vodafone Idea aims for $2.9 billion in loans to bolster network
