US wireless operator Verizon and Amazon may invest more than $ 4 billion (approximately Rs. 29,354 crore) for a stake in India’s Vodafone Idea, the Mint newspaper reported on Thursday, making the company’s shares of distressed Indian telecommunications rise 10 percent. Vodafone Idea stake sale talks had been halted pending …
Read More »Verizon and Amazon May Invest Over $ 4 Billion in Vodafone Idea: Report
US wireless provider Verizon Communications Inc and Amazon.com Inc can invest more than $ 4 billion in a stake in India’s Vodafone Idea Ltd, Peppermint newspaper reported Thursday, sending shares in the struggling Indian telecoms company up 10 percent. Vodafone Idea stake sale talks had been halted pending the outcome …
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