Vodafone sells last stake in Indus Towers, earning $325.9M to pay debt and boost Vodafone Idea share.

Vodafone Group has sold its last 3% stake in Indus Towers, earning about $325.9 million. The proceeds will be used to repay debt and increase Vodafone's stake in Vodafone Idea to 24.39%. This sale marks Vodafone's full exit from Indus Towers and the repayment of its debt related to Indian assets.

January 10, 2025
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