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Business StandardNewspapersTelecom

Vodafone Plc exits Indus Towers, sells shares worth Rs 2,800 crore

Binu Mathew
By Binu MathewJanuary 13, 2025

British telecom giant Vodafone Plc has completed its exit from mobile tower infrastructure company Indus Towers, liquidating its remaining 3 per cent stake in the company for Rs 2,800 crore, it informed the London Stock Exchange on Friday.

It sold the remaining 79.2 million shares in Indus Towers through an ‘accelerated book-build offering’ on December 5, it said.

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