Debt-ridden telecom company Vodafone Idea has signed a massive $3.6 billion (Rs 30,000 crore) deal with Nokia, Ericsson, and Samsung to supply network equipment over the next three years. The agreement was announced on September 22 through a regulatory filing.

Vodafone Idea (Vi) has concluded a mega $3.6-billion deal with global network partners Nokia, Ericsson and Samsung for the supply of network equipment over three years.

Vodafone Idea has concluded a mega $3.6 billion deal with Nokia, Ericsson and Samsung, for the supply of network equipment over three years

The new equipment will also lead to efficiency gains in energy and thus lower operating costs, the release said. The supplies against these new long-term awards will start in the coming quarter. The t

Vodafone Idea has allocated contracts worth about Rs 30,000 crore to Nokia, Ericsson, and Samsung for 4G and 5G network equipment over the next three years. This marks the beginning of their three-year capital expenditure plan worth around USD 6.

The company has continued with its existing long-term partners, Nokia and Ericsson, and has onboarded Samsung as a new partner.

Debt-ridden Vodafone Idea on Sunday said it has awarded contracts worth about Rs 30,000 crore to Nokia, Ericsson and Samsung for supply of 4G and 5G network equipment for three years.

Vodafone Idea (Vi) has signed a $3.6 billion deal with Nokia, Samsung, and Ericsson to upgrade its network equipment. This move aims to enhance customer experience and reduce operating costs, with a focus on expanding 4G coverage to 1.

Vodafone Idea has continued with its existing long-term partners Nokia and Ericsson and also onboarded Samsung as a new partner.

Vodafone Idea has finalized a $3.6 billion or ₹30,000 crore deal with Nokia, Ericsson, and Samsung for network equipment as part of a $6.6 billion capex plan, the company informed the exchanges today.