Vodafone Idea (Vi) has agreements totalling $3.6 billion with Samsung of South Korea, Ericsson of Sweden, and Nokia of Finland to purchase telecom equipment over a three-year period for the rollout of 5G and 4G networks.

Shares of Vodafone Idea rose 11.46% after announcing a $3.6 billion deal with Nokia, Ericsson, and Samsung for telecom equipment. The company aims to expand 4G coverage and roll out 5G across key markets,

Vodafone Idea's shares rose 8.3% after announcing $3.6 billion deals with Nokia, Ericsson, and Samsung for telecom equipment over three years. This marks the first step in their Rs 55,000 crore capex plan to expand 4G coverage and launch 5G in key markets.

After losing about 40 per cent market value in the past few weeks, the shares of Vodafone Idea recouped over 14 per cent on Monday, September 23. The rally in the debt-ridden telecommunication company's shares came after it signed contracts worth Rs 30,

The stocks of Vodafone Idea surged above 8 per cent in the Monday trading session after the telecom firm secured a deal worth USD 3.6 billion with Nokia, Ericsson, and Samsung for the supply of network equipment over the next three years.

Vodafone Idea’s share price surged by more than 8% in early trading on Monday after the telecom giant announced a significant $3.6 billion deal with Nokia, Ericsson, and Samsung. This deal is a crucial part of Vodafone Idea’s ambitious three-year capital expenditure (capex) plan.

The deal is the first step towards Vi's three-year capex plan of $6.6 billion, and is aimed at expanding Vi's 4G population coverage from 1.03 bn to 1.2 bn

Vodafone Idea share price gained 8.3 per cent intraday, registering the day's high of Rs 11.35 per share, on the BSE on Monday. The buying interest in the telecom company stock came after it finalised a deal worth Rs 30,000 crore with Nokia, Ericsson, and Samsung.

The deal is the first step towards the rollout of the telco’s three-year capex plan of $6.6 billion (₹55,000 crore)

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.