Vodafone Idea, the Indian cellular operator controlled by billionaire Kumar Mangalam Birla, signed a $3.6 billion deal to buy network equipment from Nokia, Ericsson

India's Vodafone Idea on Sunday concluded a $3.6 billion deal with mobile and network manufacturers Nokia, Ericsson and Samsung for supply of equipment over a period of three years, it said in a statement to exchanges.

The shares of Vodafone Idea (Vi) on Monday (September 23) saw a surge after the company announced of a major deal with Nokia, Ericsson, and Samsung on September 22. The company's stock surged by 8.96 per cent during the early trading session today, reaching Rs 11.42 apiece on the Bombay Stock Exchange (BSE).

Shares of Vodafone Idea rose 11.46% after announcing a $3.6 billion deal with Nokia, Ericsson, and Samsung for telecom equipment. The company aims to expand 4G coverage and roll out 5G across key markets,

Vodafone Idea (Vi) has agreements totalling $3.6 billion with Samsung of South Korea, Ericsson of Sweden, and Nokia of Finland to purchase telecom equipment over a three-year period for the rollout of 5G and 4G networks.

Shares of Vodafone Idea surged by 14 per cent after the company announced a landmark contract worth approximately Rs 30,000 crore ($3.6 billion) with industry leaders Nokia, Ericsson, and Samsung. This deal will supply essential 4G and 5G network equipment over a three-year period,

The deal aims to revitalise the company and boost its infrastructure, fuelling hope for various stakeholders, including equipment vendors and its subscribers

Vi Shares, Vodafone share price, Vodafone Idea Shares, Vodafone Idea Share Price Today Live Updates 23 Sep 2024: Vodafone shares in focus. Vodafone Idea has concluded a ₹30,000-crore ($3.6 billion) deal with Nokia,

India's Vodafone Idea on Sunday concluded a $3.6 billion deal with mobile and network manufacturers Nokia , Ericsson and Samsung for supply of equipment over a period of three years, it said in a statement to exchanges.

Vodafone Idea has relied on its existing long-term partners, Nokia and Ericsson for its capacity expansion while also onboarding a new partner in the form of Samsung.

Vodafone Idea's shares rose 8.3% after announcing $3.6 billion deals with Nokia, Ericsson, and Samsung for telecom equipment over three years. This marks the first step in their Rs 55,000 crore capex plan to expand 4G coverage and launch 5G in key markets.