Vodafone Aims for $2.9 Billion in Loans

Vodafone Idea Ltd is talking to lenders to borrow about ₹25,000 crore ($2.9 billion) in loans to bolster its network and compete better with large rivals, according to people familiar with the matter.

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The State Bank of India will likely lead a consortium of lenders, said the people who did not want to be named as the matter is private, adding the debt is expected to be a mix of domestic and fore