VODA IDEA: Internal estimates warn funds may exhaust by Q4 FY26 without bank financing.

Capex Need: ₹50,000–55,000 Cr for network expansion • Bank Talks: Multiple rounds held, no fresh loans yet • Deadline: Funding required by Nov 2025 to sustain 4G & 5G rollout • Impact: Delay may trigger higher customer churn, weaken market position