Airtel to pay ₹2,388 cr for Vodafone's 4.7% in Indus Towers - Business News: Latest News & Videos about market and economy | Trendmergers

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Airtel to pay ₹2,388 cr for Vodafone's 4.7% in Indus Towers

With this, Vodafone would be raising Rs3,831 crore by selling 7.1% stake in India's largest telecom tower company. The funds will then be infused in its cash-strapped Indian joint venture, Vodafone Idea (Vi), which is desperately trying to raise money to turn around its operations and better compete in the market.

from Industry-Economic Times
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