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India to own 35.8 per cent in Vodafone Idea after conversion of dues


India to own 35.8 per cent in Vodafone Idea after conversion of dues

January 12, 2022 at 11:02 PM

Vodafone Idea said on Tuesday it is giving the Indian government a 35.8% stake in the company after its board approved conversion of dues and spectrum auction instalments into equity to save the third-largest telecom operator in the country from collapsing.

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