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Wireless

Vodafone Idea denies fibre asset sale negotiations with Brookfield, Edelweiss

Thursday 12 December 2019 | 08:41 CET | News
Vodafone Idea has denied it is in talks with Brookfield and Edelweiss to sell some of its assets in India, The Economic Times reports. The statement follows recent press reports claiming that the Indian operator is in talks to sell its fibre business to Brookfield Asset Management Inc. and its data centre to the Edelweiss Group as the telco seeks to raise USD 2.5 billion from asset sales ahead of a January deadline to pay statutory dues.

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Categories: Mobile & Wireless
Companies: Vodafone / Vodafone Idea
Countries: India
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