The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.
Vodafone Idea has cleared Rs 1,910 crore of its old dues to Indus Towers with cash from new equity issued to Vodafone Group.
Vodafone has sold its 3 per cent stake in Indus Towers for Rs 2,800 crore, clearing Rs 890 crore of lender dues. The ...
British telecom firm Vodafone has sold its 3% stake in Indus Towers for Rs 2,800 crore, allocating Rs 890 crore for lender ...
British telecom firm Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm ...
Vodafone sells stake in Indus Towers for ₹2,800 crore, uses proceeds to clear lenders dues and increase Vi shareholding.
The telco disclosed that it has sold 7.92 crore, or 3 per cent stake, in Indus Towers and used Rs 890 crore from the proceeds ...
The British telecom giant has paid back Rs 890 crore to lenders and acquired a stake worth Rs 1,910 crore in Vi ...
Vodafone used Rs 890 crore from the proceeds to pay outstanding Master Service Agreement dues to Indus Towers.
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 ...
Rs 890 crore has been used to 'fully repay outstanding borrowings to Vodafone's existing lenders, secured against Vodafone's ...
The London-listed firm said it had sold its 79.2 million shares in the company on Friday, with about £85m-worth going towards ...