Vodafone Idea Ltd. has signed a $3.6 billion contract with companies including Nokia Oyj for the supply of equipment to the Indian phone carrier for a planned upgrade of its network.

Vodafone Idea stated that supplies under the new contract will start coming next quarter, emphasising that expanding 4G coverage continues to be its highest priority.

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 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.

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.

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. It is the largest deal awarded by any Indian telecom operator during this year.

In a significant development, Vodafone Idea Limited has finalised a $3.6 billion (around ₹29,880 crore) deal with three global network partners, marking a crucial stride in its capital expenditure plan.