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Friday, May 8, 2026

Vodafone weighs move to transfer part of India unit stake to strengthen Vodafone Idea balance sheet

The UK telecom company, which owns 19% of Mumbai-listed Vodafone Idea Ltd., is considering transferring part of its shareholding to the Indian company to hold in treasury, the people said. The share transfer would take place in lieu of Vodafone injecting more cash into the Indian business, according to the people.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/23zBfCn

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