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  1. Jun 18, 2024 · Potential equity infusion into Vodafone Idea Ltd., and faster clearing of dues could result in Indus Towers declare a special dividend of ₹15 per share, brokerage firm JPMorgan wrote in a note. Sources privy to the matter have told CNBC-TV18 that Vodafone is likely to sell its 21.5% stake in Indus Towers through block deals, which are likely ...

  2. Jun 19, 2024 · Mumbai: Vodafone Group has sold a bigger-than-planned 18 per cent stake in India's Indus Towers, raising $1.82 billion that will serve to reduce its debt, the British telecom group said on Wednesday.

  3. Jun 18, 2024 · Vodafone Group plans to sell about 10% stake in India's Indus Towers through stock market block deals in Mumbai, per a term sheet seen by Reuters on Tuesday. Vodafone will sell roughly 268 million shares at a price range of 310 rupees to 341 rupees per share, valuing the stake between $996 million to $1.1 billion, the term sheet showed. Last week, Reuters reported that Vodafone was mulling to ...

  4. Jun 19, 2024 · Block Deal Alert: Vodafone Group plans to sell an almost 18 per cent stake in India’s Indus Towers for up to $2 billion. This is a significant increase from the approximately 10% stake they ...

  5. Jun 14, 2024 · Vodafone owns 21.5% of mobile-tower operator Indus via various group entities. The final size of the stake sale is yet to be decided and could be lower than 21.5% if demand, which is still being ...

  6. Jun 19, 2024 · Follow Us : New Delhi: British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). The company will use the ...

  7. Jun 28, 2024 · Indus Towers Limited (Formerly known Bharti Infratel Limited) was incorporated on November 30 2006 with the object of inter-alia setting up operating and maintaining wireless communication towers. The Company received the certificate of commencement of business on April 10 2007 from the Registrar of Companies.

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