India: Ahead of its merger with Vodafone, Idea Cellular plans $1.1b fund raise

India: Ahead of its merger with Vodafone, Idea Cellular plans $1.1b fund raise

Idea cellular. Photo: Livemint

Idea Cellular Ltd, India’s third largest mobile services operator, on Thursday unveiled a 67.5 billion-rupee ($1.1 billion) fundraising plan ahead of its merger with Vodafone’s local unit.

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