New Delhi: Vodafone Idea Ltd said announced that it will go by the brand name Vi. The Beleaguered telecom operator, announced the rebranding of the company through a virtual platform.
“A brand with its eyes set on the future, it is built for and around customers. The integration of two brands is a culmination of the largest telecom integration in the world,” VIL said in a statement.
Vodafone Idea, a joint venture between Britain`s Vodafone and India`s Idea Cellular on Friday approved plan to raise up to Rs 25,000 crore through a combination of equity and debt instruments to keep the company afloat.
The crucial decision came days after the Supreme Court directed telecom operators to pay 10 per cent of total adjusted gross revenue (AGR)-related dues this year, and rest of the payments in 10 instalments, starting next fiscal year.