Ericsson India sells its Vodafone Idea stake for US$49.9m

Posted on June 4, 2025 by Guest authors

Ericsson India reportedly sold off its 0.6% stake in Vodafone Idea (Vi) on Tuesday to undisclosed buyers for INR4.28 billion (US$49.9 million), less than two months after Nokia’s Indian unit did likewise.

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Good start for Vodafone Idea’s latest massive fundraising plans

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Indian operator Vodafone Idea’s Rs 5,400 crore (about $645.5 million) offer of shares to anchor investors was fully subscribed on Tuesday.

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The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, and Tunisie Telecom, Tunisia’s national telecom operator, say they are partnering to improve the country’s digital infrastructure and drive the c…

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State-owned company Telkom Indonesia, a multinational telecommunications conglomerate, has agreed to partially spin off its wholesale fibre connectivity business to its infrastructure-focused subsidiary Telkom Infrastruktur Indonesia in a deal valued a…

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