Picture of Vodafone Idea logo

IDEA Vodafone Idea News Story

0.000.00%
in flag iconLast trade - 00:00
TelecomsSpeculativeLarge CapNeutral

Vodafone weighs stake transfer to boost India unit capital, Bloomberg News reports

May 8 (Reuters) - Vodafone Group VOD.L is considering transferring part of its 19% stake in Vodafone Idea VODA.NS to the Indian unit to hold in treasury to bolster its capital after the Indian government cut a bill for outstanding spectrum fees, Bloomberg News reported on Friday.

Reuters could not independently verify the report.

 (Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shilpi Majumdar)

 ((Aatrayee.Chatterjee@thomsonreuters.com;))

Recent news on Vodafone Idea

See all news