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

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 ...

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

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 ...

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.

Firefly, which contributed minimally to Airtel’s revenue and net worth in FY24, will no longer be a joint venture after the deal is finalised. 03 Jan 2025 Bharti Airtel is set to acquire a 26 ...

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

The deal, expected to close within 30 business days, marks Vodafone Idea’s exit from this joint venture with Bharti Airtel Ltd. Post-transaction, Firefly Networks will cease to be a joint ...

Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. The Wi-Fi infrastructure company contributed Rs 5.5 crore to Vi’s losses ...