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Voda Idea to shut 3G in FY22, fund raising to be closed soon SECTIONS Share Synopsis Brokerage firm CLSA has called it an “unsatisfactory performance”, highlighting the “enormous debt burden” of the operator. The telco s senior management, at its quarterly earnings call on Monday, also allayed concerns around delays in its Rs25,000-crore fund raising plans, saying it will close soon given the keen interest shown by potential investors. Vodafone Idea (Vi) plans to fold up its 3G services by FY22 as it bids to move towards becoming 4G-focussed telco in a bid to boost revenue, although it would keep its 2G services running for years given that it has a large segment of basic phone subscribers.

Akshaya moondraRavinder takkarGoldman sachsVodafone ideaOak hill advisorsFinancial officer akshaya moondraManaging director ravinder takkarReliance jio3g servicesVoda ideaஅக்க்ஷயா மூன்றாரவிந்தேர் தக்கார்கோல்ட்மேன் சாக்ஸ்வோடபோன் யோசனைநிதி அதிகாரி அக்க்ஷயா மூன்றாநிர்வகித்தல் இயக்குனர் ரவிந்தேர் தக்கார்