Vodafone Group Plc sells rump stake in Indus Towers for Rs 2,800 crore

Vodafone Group Plc (Vodafone), the British telecom firm, on Friday said it has sold its entire stake in Indus Towers for ₹ 2,800 crore.

The telco disclosed that it has sold 7.92 crore, or 3 per cent stake, in Indus Towers and used ₹890 crore from the proceeds to clear lenders dues.