Vodafone Plans to Sell Entire $2.3 Billion Stake in Indus Towers

Vodafone is aiming to sell its entire $2.3 billion stake in Indus Towers, a major telecom infrastructure company in India. This move is part of Vodafone's strategy to reduce debt and streamline operations. The sale will significantly impact the telecom sector, potentially altering the ownership dynamics of Indus Towers, which is a critical player in providing tower infrastructure for mobile operators. Analysts are closely watching how this sale will affect Vodafone's financial health and the broader telecom market in India. The transaction underscores the ongoing financial challenges faced by global telecom giants.



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