Vodafone Group has planned to sell about 10% of its stake in Indus Towers for up to $1.1 billion to manage its substantial $42.17 billion net debt....

Earlier reports claimed that Vodafone Group was eyeing to offload up to 18 per cent stake in Indus Towers.

Vodafone Group sold an 18 per cent stake in Indian infrastructure player Indus Towers for INR153 billion, cash set to be used to pay down debt secured...

Vodafone Group sells 18% stake in Indus Towers to reduce debt, generating $1.8 billion. Acquiring 1% of shares, Bharti Airtel increases stake to 49%...

The telecom sector is looking at a series of tariff hikes and Indus Towers being India’s largest tower infrastructure provider is a big beneficiary.

Meanwhile, Vodafone Group has reportedly sold as many as 53.3 crore shares in Indus Towers for Rs 17,065 crore.

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