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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.18 | -0.27% | 67.48 | 67.48 | 67.50 | 69.32 | 67.42 | 69.32 | 26,962,518 | 16:35:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 45.71B | 11.84B | 0.4372 | 1.54 | 18.28B |
By Sean McLain
NEW DELHI--Vodafone Group Plc sold its 4.2% stake in rival Bharti Airtel for $200 million.
The British telecom giant said the stake was sold to Bharti Enterprises, which is the parent of the Indian cellular operator.
The sale follows a change in regulation from India's Department of Telecommunications that prohibit companies from owning stake in competing operators in a service area. Previously, telecom operators were allowed to own up to 10% of a competing company.
Write to Sean McLain at sean.mclain@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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