UK's Vodafone Group PLC to sell residual 3% stake in Indus Towers through block dealVodafone Group Plc is selling its remaining 3% stake in Indus Towers through a block deal. The proceeds will be used to repay Vodafone Idea...
05 Dec, 2024, 08.31 AM IST
Vi board meet on Dec 9 to consider upto Rs 2000 cr capital raise by share issue to co-promoter VodafoneThe late night exchange filing came even as UK’s Vodafone announced plans earlier today plans to invest a portion of its residual 3% Indus ...
05 Dec, 2024, 12.32 AM IST
Vodafone to sell its 3% stake in Indus Towers for over $300 millionVodafone Group is selling its remaining 3% stake in Indus Towers for over $300 million. The proceeds will be used to repay debt and inject ...
04 Dec, 2024, 11.46 PM IST
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's whyVodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi'...
04 Dec, 2024, 06.12 PM IST
Vodafone PLC to sell 3% stake in Indus Towers to repay Vi debtVodafone PLC announced the sale of its remaining 3% stake in Indus Towers on Wednesday, with proceeds to be used to repay Vodafone Idea's d...
04 Dec, 2024, 04.08 PM IST
Indus Towers releases pledge to enable UK’s Vodafone to sell 18% stake in tower companyWhile Indus Towers has released a pledge on a significant portion of Vodafone's stake, enabling an 18% sale, it retains a secondary pledge ...
19 Jun, 2024, 09.52 PM IST
UK’s Vodafone Group sells 18% in Indus for Rs 15,300 croreThe stake sale proceeds will be used to clear bulk of the UK company’s existing lender dues relating to $1.8 billion of borrowings secured ...
19 Jun, 2024, 02.49 PM IST
Vodafone Idea's Indus stake sale could speed up repayments to towerco, which may issue dividend: JP MorganVodafone Group's potential stake sale in Indus Towers may generate $2.3 billion in cashflows, prompting accelerated repayment to vendors an...
18 Jun, 2024, 01.39 PM IST
Bharti Airtel says it has no desire to buy out Vodafone Plc’s share and up stake in Indus TowersBharti Airtel denies plans to increase its stake in Indus Towers, contrary to reports. Airtel asserts its commitment to maintaining Indus's...
24 Apr, 2024, 10.42 AM IST
Talk of the Tower: Airtel eyes Vodafone's 21.05% in IndusAirtel is the biggest shareholder in Indus, with 47.95%; Vodafone Group has 21.05% and 30.97% is with the public, according to the tower co...
24 Apr, 2024, 08.28 AM IST
Airtel won't oppose Vodafone's bid to sell Indus stake to external buyerUK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vod...
18 Jan, 2023, 08.38 AM IST
Vodafone UK in talks to sell residual 21% in Indus TowersVodafone's residual stake of 567.2 million shares in Indus Towers is valued at about ₹11,571 crore, based on the tower company's ₹55,000 cr...
09 Mar, 2022, 08.21 AM IST
Airtel to acquire 4.7% stake in Indus Towers from UK's VodafoneBharti Airtel Friday said it has entered into an agreement to acquire a 4.7% stake in Indus Towers from UK’s Vodafone Group Plc in cash via...
28 Feb, 2022, 09.19 AM IST
Vodafone raises Rs1,443 cr by selling 2.4% in Indus TowersVodafone sold 63.6 million shares held by unit Euro Pacific Securities at Rs 226.84 a share, bulk deal data released late Thursday night on...
25 Feb, 2022, 01.55 AM IST
Vodafone UK can monetise only a small portion of Indus stake to fund Vi: Credit SuisseOn Wednesday, Vodafone Group Plc said it plans to sell 2.4% of its stake in Indus through a block deal on Thursday, and is also in talks wi...
24 Feb, 2022, 12.44 PM IST
Vodafone Idea to get Rs 6,000 cr from Indus Towers exitVodafone Idea is looking at generating funds from various avenues, including a Rs 25,000 crore rights issue in the June quarter.
02 Aug, 2019, 08.45 AM IST
Vodafone pegs $5-billion valuation for 42% stake in Indus TowersThe country’s 2nd-largest operator is seeing a “quicker-than-expected progress” on its equal merger with Idea Cellular, which it expects to...
21 Nov, 2017, 11.21 AM IST