Vodafone Idea aims to raise US$2.1 billion in FPO this week

Vodafone Idea aims to raise US$2.1 billion in FPO this week

Indian telco Vodafone Idea reportedly plans to raise as much as Rs180 billion (just over US$2.1 billion) this week in what is expected to be India’s biggest follow-on public offering (FPO) as it seeks to pay off debts and get back in the 5G game.