Vodafone Idea is a joint venture between Britain's Vodafone and Idea Cellular
Vodafone Idea said on Monday it plans to rebrand itself as the debt-ridden telecoms carrier, which has been losing customers, looks to change its image three years after it announced the biggest merger in India's telecoms market.
On Friday, the loss-making company approved fundraising of up to Rs 25,000 crore at a time it owes roughly Rs 50,000 crore ($6.81 billion) in dues to the government.
The dues, according to a Supreme Court order, will have to be paid over a 10-year period.
Vodafone Idea, a joint venture between Britain's Vodafone and Idea Cellular, said it will go by the brand name "Vi".
