Vodafone Idea Share Jumps On $3.6Bn Deal With Nokia, Ericsson & Samsung

Vodafone Idea Share Price | Vi Deal with Nokia, Ericsson and Samsung: After going below 200 moving day average last week, Vodafone Idea share price jumped over 8% in early trade on Monday.

The surge came after the company announced the conclusion of a $3.6 billion deal with Nokia, Ericsson and Samsung, for supply of network equipment over a period of three years.

The company shares rose as much as 8.96% to ₹11.42 apiece on the BSE.

The deal marks the first step towards the rollout of the company’s transformative three-year capex plan of ~USD 6.6 billion.

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