October 27, 2023
Stocks

Vodafone Idea plans to increase its investment in the deployment of 5G networks in India.

New Delhi: Kumar Mangalam Birla, the chairman of Aditya Birla Group, announced at the India Mobile Congress on Friday that Vodafone Idea is planning to increase its investments in the upcoming quarters. This initiative aims to facilitate the rollout of their 5G network and also to further strengthen the 4G infrastructure across the country. Birla emphasized the company's commitment to supporting the government's vision of establishing a robust supply chain in critical and emerging sectors, including OpenRAN. This strategic effort will empower innovative Indian companies to develop hardware and software solutions for global markets.

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