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VOD Vodafone Group Plc

68.44
0.62 (0.91%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vodafone Group Plc LSE:VOD London Ordinary Share GB00BH4HKS39 ORD USD0.20 20/21
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.62 0.91% 68.44 68.40 68.44 68.74 67.82 67.96 88,262,864 16:29:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.57 18.53B

Bharti Infratel Merger With Indus Towers Approved

24/02/2020 5:28am

Dow Jones News


Vodafone (LSE:VOD)
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From May 2019 to May 2024

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   By Kosaku Narioka 
 

Bharti Infratel Ltd. said Saturday it has received a foreign-direct-investment approval from India's department of telecommunications to merge with Indus Towers Ltd.

Bharti Infratel, an Indian telecom tower operator, owns a 42% stake in Indus Towers. Vodafone Group PLC has another 42%, Indian mobile company Vodafone Idea Ltd. holds 11% and American private equity firm Providence Equity Partners controls the remaining 5%.

Bharti Infratel shares are down 0.2% after it rose in earlier trade, while Vodafone Idea shares are down 0.5%.

 

Write to Kosaku Narioka at kosaku.narioka@wsj.com

 

(END) Dow Jones Newswires

February 24, 2020 00:13 ET (05:13 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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