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Vi board gives nod to raising Rs 2,458 crore through preferential issue of shares to Nokia, Ericsson
Telecom company Vodafone Idea (Vi) plans to raise upto Rs 2,458 crore through a preferential issue of equity shares to its two European gear vendors Nokia and Ericsson, clearing part of their pending dues and setting stage for Vi’s 4G expansion and 5G rollout.