Vodafone Idea explores debt funding after spectrum fee relief from government

Vodafone Idea Ltd. is considering raising debt financing to accelerate growth, people familiar with the matter said, following the government’s decision to cap annual payouts for past spectrum fees.India’s third-largest mobile phone operator by users may seek the financing from local and global lenders, the people said, asking not to be identified because the deliberations are private. Vodafone Idea plans to use part of the proceeds to improve its network and better compete against larger rivals Bharti Airt ...