Vodafone To Sell 3% Stake In Indus Towers

UK's Vodafone to sell remaining 3% stake in India's Indus Towers
Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday. The British firm said it has launched a placing of its remaining 79.
Vodafone to Sell Remaining Stake in Indian Tower Company Indus
Vodafone Group Plc is to sell its remaining stake in India’s Indus Towers Ltd. after offloading $1.8 billion worth of shares in June.
Vodafone to sell 3 pc stake in Indus Towers for ₹2,841 cr to clear debt, part payment of Vi dues
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹ 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Indus Towers stock rating: Citi says buy as Vodafone stake sale may yield dividend; check target price
Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as dividend with attractive yields of up to 6 percent.
Vodafone to sell 3% stake in Indus Towers to clear debt
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of $101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone to offload entire stake in Indus Towers to pare debt
After the transaction, the telco held over 3% stake in Indus Towers. Indus Towers is India's largest telecom tower provider, with over 219,736 towers across all 22 telecom circles
UK's Vodafone Plc exits Indus Towers with sale of remaining 3% stake
Vodafone Plc said that the funds from the sale of its remaining 3 percent equity stake in Indus Towers will be used to repay $101 million in outstanding borrowings, which are secured against its Indian assets.
Vodafone Group to Sell 3.0% of Indus Towers
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UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now
UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now#vodafoneplc #vodafoneidea #industowers #etnow #businessnews #topnews
Vodafone dumps remaining 3% stake in Indus Towers to repay debt
British telecommunications major Vodafone announced on Wednesday it has initiated the sale of its remaining 79.2 million shares in Indian telecom firm Indus Towers - a 3% stake - through an accelerated book build offering.
Vodafone To Sell 3% Stake In Indus Towers; To Use Proceeds For... - Details
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
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