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 ...

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

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 ...

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

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

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 ...

Stocks including Indo Farm Equipment, Bharti Airtel, Power Grid, Coal India, Vakrangee, IndiGo, Zydus Life, Vodafone Idea, NMDC and more will be in the spotlight on Tuesday, January 07.

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 ...