The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.
The London-listed firm said it had sold its 79.2 million shares in the company on Friday, with about £85m-worth going towards ...
The British telecom giant has paid back Rs 890 crore to lenders and acquired a stake worth Rs 1,910 crore in Vi ...
The remaining $225 million was invested in its Indian mobile subsidiary Vodafone Idea (Vi), increasing the company’s stake in ...
British telecom firm Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm ...
Vodafone Idea has cleared Rs 1,910 crore of its old dues to Indus Towers with cash from new equity issued to Vodafone Group.
The company stated that the remaining $225 million has been used to increase Vodafone's stake in Indian carrier Vodafone Idea ...
Rs 890 crore has been used to 'fully repay outstanding borrowings to Vodafone's existing lenders, secured against Vodafone's ...
Vodafone Idea share price has fallen over 16% in three months, while it has dropped more than 53% in six months. Moreover, ...
Vodafone sells stake in Indus Towers for ₹2,800 crore, uses proceeds to clear lenders dues and increase Vi shareholding.
Vodafone Idea Ltd (VIL) is currently involved in the process of rolling out its 5G services in select areas. The company was ...
British telecom firm Vodafone has sold its 3% stake in Indus Towers for Rs 2,800 crore, allocating Rs 890 crore for lender ...