“The fibre assets, fixed broadband and data centre businesses have an immense growth potential since telecom and internet penetration is rapidly increasing. Vodafone Idea did not respond to an emailed query. Vodafone Idea announced last year that it would raise ₹25,000 crore through a mix of equity and debt issuances. Vodafone Idea has a data centre in Navi Mumbai and 160,000km of optic fibre. The telco tried selling the fibre assets and data centre business in 2019, but talks fell through due to valuation differences.

Source: Mint July 07, 2021 19:41 UTC