Upon completion, Firefly Networks will cease to be a joint venture of Bharti Airtel and Vodafone Idea. According to the filing, the transaction is not classified as a related-party transaction and ...
Bharti Airtel and Vodafone Idea have sold their entire respective stakes in their joint venture Firefly Networks, a Wi-Fi infrastructure company, to iBus Network and Infrastructure for Rs 9 Crore.
Bharti Airtel has announced that it will sell its whole 50% ownership in Firefly Networks to iBus Network and Infrastructure via a Share Purchase Agreement signed on January 6, 2025. The ₹45 ...
Indian mobile carriers Bharti Airtel and Vodafone Idea (Vi) have sold their WiFi joint venture (JV) Firefly Networks to iBus Network and Infrastructure Private Limited. The two carriers confirmed the ...
in Firefly Networks Limited,” Airtel said in a regulatory filing Monday. Airtel would get Rs 4.5 crore from the transaction, as per the filing. “Upon transfer of aforesaid stake, Firefly would ...
Bharti Airtel and Vodafone Idea (Vi) have sold their entire stakes in their joint venture, Firefly Networks, to iBus Network and Infrastructure for ₹9 crore. Stake Sale: Both Airtel and Vodafone Idea ...
The company has entered into a Share Purchase Agreement with iBUS Network and Infrastructure for the transfer of its entire 50% shareholding in Firefly Networks, for Rs 4.5 crore. Post the ...
Vodafone Idea Ltd. has sold its entire 50% stake in Firefly Networks Ltd, a joint venture it had with Bharti Airtel Ltd. iBUS Network and Infrastructure Private Ltd is the buyer, which values the ...
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 ...
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 ...
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 ...