Vodafone Idea Unveils ₹45,000 Crore Growth Plan, Targets Double-Digit Revenue Growth

• Vodafone Idea (Vi) presented a 3-year growth roadmap, planning to invest ₹45,000 crore for network expansion and 4G/5G coverage.
• The company aims to move from crisis to strength, with major challenges like AGR pressures and funding issues largely behind it.
• Key goals include continuous subscriber addition, double-digit revenue growth, and tripling cash EBITDA over the next three years.
• The '17-5-5 strategy' focuses on achieving network parity in 17 key markets, upgrading 2G to 4G in 5 markets, and enhancing 5G experience.
• Recent investments are showing positive impact with revenue growth in some circles and reduced customer churn, signaling future subscriber growth.

Why It Matters: Vodafone Idea is investing ₹45,000 crore over three years, aiming for significant growth and market re-establishment.