In a significant move for India’s telecom sector, the government has decided to increase its stake in Vodafone Idea (VIL) to approximately 48.99% by converting outstanding spectrum auction dues into equity shares
Vodafone has announced that it now owns 100 percent of its Indian subsidiary, Vodafone India Limited (“VIL”). In March 2014, Vodafone completed the acquisition of indirect equity interests in VIL held by Analjit Singh and Neelu
