Tag: Indus Towers

Vodafone exits Indus Towers; sells shares worth ₹2,800 crore; clears ₹890 crore dues

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Vodafone exits Indus Towers; sells shares worth ₹2,800 crore; clears ₹890 crore dues

Vodafone held 3% stake through its indirect wholly-owned subsidiaries Omega Telecom Holdings Private Limited and Usha Martin Telematics Limited. File | Photo Credit: Reuters “British telecom firm Vodafone has sold its entire stake in Indus Towers for ₹2,800 crore,” the telecom infrastructure firm said on Friday (January 10, 2025.) “Vodafone has sold 7.92 crore or…

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Vodafone plans to sell $2.3 billion stake in Indus Towers, sources say

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Vodafone plans to sell .3 billion stake in Indus Towers, sources say

A man walks across the LED display board showing the logo of Vodafone-Idea. File Photo | Photo Credit: REUTERS Vodafone Group is looking to sell its entire $2.3 billion stake in Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm’s effort to repay…

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