InvestorQ : Hi Sir, Vodafone idea plans to monetize it’s stake in Indus. What will be the impact of this on stock price? In general,what kind of things will happen to a company when it is selling the property/stake? How it will impact its market?
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Hi Sir, Vodafone idea plans to monetize it’s stake in Indus. What will be the impact of this on stock price? In general,what kind of things will happen to a company when it is selling the property/stake? How it will impact its market?

Answer
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Mitali Bhutta answered.
7 months ago


Indus Towers is a property that is jointly held by Vodafone along with other telecom companies. Monetizing the asset may require time and what Vodafone currently requires is to rapidly monetize its assets so that it can pay the AGR charges to the DOT as ordered by the Supreme Court. That is the real challenge for Vodafone at this point of time.