Vodafone Invests Rs 47,700 crore

Vodafone India has received an equity infusion of Rs 47,700 crore from Vodafone Group in the first half of the current fiscal.

This equity infusion of Rs 47,700 crore will enable Vodafone India to continue its investments in spectrum and expansion of networks across various technology layers delivering the best of experience to our hundreds of million customers.

Vodafone India is a 100 per cent fully owned subsidiary of the Vodafone Group.

The telecom service provider has around 200 million customers in the country. Over half of its customers (107 million) come from rural India.

The company has around 22.5 per cent revenue market share.

Sunil Sood: MD and CEO, Vodafone India.