Both the telecom companies currently hold a 50% stake in Firefly Networks, which will be sold to iBus Network for a total cash consideration of INR 4.5 Cr each ...

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said in ...

Disinvestment: As part of this disinvestment, Sunil Mittal-led Bharti Airtel would get Rs 4.5 crore from the transaction. KM Birla-led Vodafone Idea also informed that it would get the same amount as ...

Bharti Airtel and Vodafone Idea (Vi) have sold their entire stakes in their joint venture, Firefly Networks, to iBus Network ...

The deal is expected to close within 30 business days from the date of execution of the agreement between the firms.

iBus Networks, specializing in providing Wi ... thus increasing efficiency in a network. With an organic compounded annual growth rate (CAGR) of 60% expected for the next few years, the top ...

Shares of Vodafone Idea gained 2.15% in Tuesday's early morning trade, January 07 to reach ₹8.06 apiece after company informed investors through an exchange filing on Monday that it had entered into a ...

As part of it, Vodafone Idea and iBUS Network signed a Share Purchase Agreement for transferring shareholding in Firefly Networks.

The telecom giant has also sold its 50% stake in Firefly Networks to iBUS Network for ₹4.5 crore. Firefly, which contributed minimally to Airtel’s revenue and net worth in FY24, will no longer ...

The debt-laden telecom company has sold its entire 50% stake in Firefly Networks, a joint venture with Bharti Airtel, to iBUS Network and Infrastructure for Rs 4.5 crore. The transaction is ...