Vi Charts Ambitious Growth: Rs. 45,000 Cr Capex Fuels 5G Push & Double-Digit Revenue Targets
Vodafone Idea (Vi) is clearly signaling a new era of aggressive growth, as revealed in its latest investor presentation for June 2026. The telecom giant has laid out an ambitious strategy, underpinned by a significant capital expenditure plan and clear financial targets, aiming to solidify its position in India’s booming digital landscape.
The presentation highlights a renewed sense of confidence within the company, buoyed by an improved credit rating (Crisil A-/Stable and ICRA A-/Stable as of May/June 2026). At the heart of Vi’s resurgence is a formidable “17-5-5” network strategy, targeting a massive Rs. 45,000 crore Capex investment till FY29. This capital infusion is earmarked to:
- Regain coverage parity in 17 key circles, which account for ~99% of VIL revenue.
- Ensure 100% 2 G and 4 G availability on national highways and key state highways in 5 other circles.
- Deliver a seamless 5G experience across urban markets, with 145+ cities already boasting live 5G coverage across all 17 circles.
Strategically, Vi is laser-focused on three core financial objectives:
- Sustained Subscriber Addition to grow its current ~193 million base.
- Achieving Double-Digit revenue growth.
- Tripling Cash EBITDA within three years.
With current network assets boasting ~8,030 MHz of spectrum and covering over 1.2 billion people, Vi is capitalizing on India’s robust macroeconomic tailwinds and structural growth drivers – a rapidly expanding economy, low telecom penetration in rural areas, and increasing digital adoption. The emphasis on brand reappraisal initiatives and robust ARPU growth levers, evidenced by an improving 4G/5G subscriber mix and data consumption, underscores a holistic approach to profitability.
This detailed roadmap signals Vi’s determination to not only compete but thrive amidst fierce competition. Investors will be keenly watching how this substantial investment translates into market share gains and, critically, achieves the ambitious financial milestones set for the coming years, positioning Vi as a strong contender in India’s digital future.