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Vodafone To Sell $2.3 Billion Stake In India's Indus Towers: Report
Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Vi 5G Rollout to Begin Soon, No Launch Date, Coverage Timelines for Now
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services.
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Market Regulator SEBI Penalises Bharti Infratel For Flouting Rules
Capital markets regulator SEBI has imposed a penalty of Rs 1 lakh on Bharti Infratel, now known as Indus Towers, for flouting rules pertaining to employee stock option schemes.
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Airtel Acquires Vodafone's 4.7% Stake In Indus Towers; Shares Up Over 2%
Bharti Airtel: Telecom major Bharti Airtel on Tuesday said that it has acquired a 4.7 per cent stake in Indus Towers from U.K.'s Vodafone Group for around Rs 2,388 crore.
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Vi Approves Up to Rs. 14,500-Crore Fundraising, Promoters to Inject Rs. 4,500 Crore
Vi (Vodafone Idea) said its board has approved raising up to Rs. 14,500 crore, including Rs. 4,500 crore from promoter entities — Vodafone and Aditya Birla Group.
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Airtel to Acquire Vodafone’s 4.7 Percent Indus Towers Stake if Funds Are Used for Vi
Airtel said it has signed an agreement to buy Vodafone's 4.7 percent stake in Indus Towers on the condition that the proceeds will be used for investment in Vi and clearing dues of the mobile tower company.
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Airtel To Aquire 4.5% of Indus Towers Stake From Vodafone, With Conditions
Bharti Airtel agrees to buy Vodafone's 4.7 per cent stake in Indus Towers, with a condition.
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Vodafone In Talks To Sell 5% Stake In Tower Arm To Airtel: Report
British telecom giant Vodafone is in discussions to sell around five per cent stake in Indus Towers to Bharti Airtel
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5 Indian Stocks That Pass The Peter Lynch Filter
Long-term investing is an age-old investing practice that requires investors to invest with a long-term horizon, for example more than 7 years.
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Airtel to Spend Rs. 1,17,000 Crore on Businesses With Subsidiaries Over a 5-Year Period
Bharti Airtel has plans to spend about Rs. 1,17,000 crore through business transactions with its subsidiaries like Indus Towers, Nxtra, and Bharti Hexacom, according to a regulatory filing.
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From Paytm To Reliance Power: Big IPOs With The Worst Debut Day Performance
Paytm, India's largest IPO to date, closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market. The flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors wealth on listing day.
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Bharti Infra-Indus Merger Deadline Extended To February 24
"The Board of Directors have further extended the long stop date till February 24, 2020, subject to the agreement on closing adjustments and other conditions precedent for closing, with each party retaining the right to terminate and withdraw the scheme," Bharti Infratel said in a regulatory filing.
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Tribunal Clears Bharti Infratel, Indus Towers Merger
The Chandigarh bench of National Company Law Tribunal approved the proposed merger of telecom infrastructure companies
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Vodafone Idea Rs 25,000-Crore Rights Issue Opens, Shares Rise
Vodafone Idea share price: Vodafone Idea said its top priority is to integrate quickly to improve customer experience and profitability. CEO Balesh Sharma said that expanding coverage will enable the company to offer a superior network experience to its customers, add broadband customers and improve profitability.
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Vodafone Plans Rs 25,000 Crore War Chest to Fight Mukesh Ambani
Separately, Vodafone Idea is also planning to sell its 11.5 per cent stake in Indus Towers Ltd., a cell-phone tower company it jointly owns with Bharti Infratel Ltd and Aditya Birla Telecom.
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Vodafone To Sell $2.3 Billion Stake In India's Indus Towers: Report
Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
-
Vi 5G Rollout to Begin Soon, No Launch Date, Coverage Timelines for Now
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services.
-
Market Regulator SEBI Penalises Bharti Infratel For Flouting Rules
Capital markets regulator SEBI has imposed a penalty of Rs 1 lakh on Bharti Infratel, now known as Indus Towers, for flouting rules pertaining to employee stock option schemes.
-
Airtel Acquires Vodafone's 4.7% Stake In Indus Towers; Shares Up Over 2%
Bharti Airtel: Telecom major Bharti Airtel on Tuesday said that it has acquired a 4.7 per cent stake in Indus Towers from U.K.'s Vodafone Group for around Rs 2,388 crore.
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Vi Approves Up to Rs. 14,500-Crore Fundraising, Promoters to Inject Rs. 4,500 Crore
Vi (Vodafone Idea) said its board has approved raising up to Rs. 14,500 crore, including Rs. 4,500 crore from promoter entities — Vodafone and Aditya Birla Group.
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Airtel to Acquire Vodafone’s 4.7 Percent Indus Towers Stake if Funds Are Used for Vi
Airtel said it has signed an agreement to buy Vodafone's 4.7 percent stake in Indus Towers on the condition that the proceeds will be used for investment in Vi and clearing dues of the mobile tower company.
-
Airtel To Aquire 4.5% of Indus Towers Stake From Vodafone, With Conditions
Bharti Airtel agrees to buy Vodafone's 4.7 per cent stake in Indus Towers, with a condition.
-
Vodafone In Talks To Sell 5% Stake In Tower Arm To Airtel: Report
British telecom giant Vodafone is in discussions to sell around five per cent stake in Indus Towers to Bharti Airtel
-
5 Indian Stocks That Pass The Peter Lynch Filter
Long-term investing is an age-old investing practice that requires investors to invest with a long-term horizon, for example more than 7 years.
-
Airtel to Spend Rs. 1,17,000 Crore on Businesses With Subsidiaries Over a 5-Year Period
Bharti Airtel has plans to spend about Rs. 1,17,000 crore through business transactions with its subsidiaries like Indus Towers, Nxtra, and Bharti Hexacom, according to a regulatory filing.
-
From Paytm To Reliance Power: Big IPOs With The Worst Debut Day Performance
Paytm, India's largest IPO to date, closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market. The flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors wealth on listing day.
-
Bharti Infra-Indus Merger Deadline Extended To February 24
"The Board of Directors have further extended the long stop date till February 24, 2020, subject to the agreement on closing adjustments and other conditions precedent for closing, with each party retaining the right to terminate and withdraw the scheme," Bharti Infratel said in a regulatory filing.
-
Tribunal Clears Bharti Infratel, Indus Towers Merger
The Chandigarh bench of National Company Law Tribunal approved the proposed merger of telecom infrastructure companies
-
Vodafone Idea Rs 25,000-Crore Rights Issue Opens, Shares Rise
Vodafone Idea share price: Vodafone Idea said its top priority is to integrate quickly to improve customer experience and profitability. CEO Balesh Sharma said that expanding coverage will enable the company to offer a superior network experience to its customers, add broadband customers and improve profitability.
-
Vodafone Plans Rs 25,000 Crore War Chest to Fight Mukesh Ambani
Separately, Vodafone Idea is also planning to sell its 11.5 per cent stake in Indus Towers Ltd., a cell-phone tower company it jointly owns with Bharti Infratel Ltd and Aditya Birla Telecom.
