Vodafone may have to raise tariffs to meet a Rs 6,400 cr shortfall by Sept

Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services

Vodafone Idea may have to raise tariffs or finalise its fundraising quickly to avoid a cash shortfall to the tune of Rs 6,400 crore by September 2023, according to a report by The Economic Times.

The report, citing analysts, said if the loss-making telecom service provider fails to raise fresh capital soon, it may have to boost its average revenue per user significantly, or ARPU, to service a debt repayment of Rs 9,600 crore in the next 12 months.

The company has been trying to raise Rs 20,000 crore in debt-equity from outside investors since 2020. While promoters Aditya Birla