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NEW DELHI: Vodafone Idea needs sizeable fundraising at the earliest to increase its capital expenditure (Capex) to restrict a further loss in its subscriber base, analysts from Emkay said. “Even as Jio and Bharti continue with 5G rollouts, the timing of the tariff hike remains the key trigger. VIL needs a sizable fund-raising at the earliest to increase capex to restrict the loss of more subscribers,” the brokerage firm said in a research note.
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