The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.
British telecom firm Vodafone has sold its 3% stake in Indus Towers for Rs 2,800 crore, allocating Rs 890 crore for lender ...
Vodafone has sold its 3 per cent stake in Indus Towers for Rs 2,800 crore, clearing Rs 890 crore of lender dues. The ...
Vodafone sells stake in Indus Towers for ₹2,800 crore, uses proceeds to clear lenders dues and increase Vi shareholding.
British telecom firm Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm ...
The British telecom giant has paid back Rs 890 crore to lenders and acquired a stake worth Rs 1,910 crore in Vi ...
Vodafone has sold its entire 3% stake in Indus Towers for Rs 2,800 crore, using the proceeds to clear Rs 890 crore dues. The ...
Vodafone Idea share price has fallen over 16% in three months, while it has dropped more than 53% in six months. Moreover, ...
The company stated that the remaining $225 million has been used to increase Vodafone's stake in Indian carrier Vodafone Idea ...
Vodafone used Rs 890 crore from the proceeds to pay outstanding Master Service Agreement dues to Indus Towers.
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 London-listed firm said it had sold its 79.2 million shares in the company on Friday, with about £85m-worth going towards ...