Already saddled with more than $17 billion of debt -- the highest among Asian peers -- it is also preparing to spend billions more on 5G airwaves at a government auction in coming months. It is hard to say when, but Jio may remain aggressive until it achieves the No. “This will be the year of perhaps hemorrhaging stopping,” he said.Airtel slipped to No. Of that, 250 billion rupees will be from a rights issue due to close May 17 at 220 rupees per share, and the rest from the sale of perpetual bonds with equity credit. Vodafone Idea proposes to raise 250 billion rupees from a rights issue.

Source: Economic Times May 07, 2019 07:06 UTC