Government’s Investment in Vodafone Idea Sees 32% Surge in Value
Just over a year ago, the Indian government extended a lifeline to telecom giant Vodafone Idea, stepping in as its largest shareholder.
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Just over a year ago, the Indian government extended a lifeline to telecom giant Vodafone Idea, stepping in as its largest shareholder.
The ongoing follow-on public offering (FPO) by Vodafone Idea (VIL) has garnered widespread attention, not merely due to its status as the largest FPO in India’s history, but also because of its potential implications for the telecommunications industry.