Vi selling majority stake to Indian government in bid to stay afloat
The state is set to receive a 35.8% stake in Vodafone Idea. Share prices drop around 20% in the wake of the news. Stake will be exchanged for easing of the struggling JV’s considerable debt. Government “do not want to run company”, insists Vi CEO
Register for free to continue reading this article
Join the TelcoTitans community and continue reading this article
By registering for a free account, you will get immediate access to the rest of this article, plus:
- Enhanced access to TelcoTitans with three free article views per month
- TelcoTitans Daily and Weekly newsletter briefings
“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo
Want full access to TelcoTitans content? Check out our subscription options.