UK’s Vodafone offers ‘no comment’ on Voda Idea backing

“The only position which Vodafone Group has taken and that is because of their own shareholders who have said that please ringfence the Indian operations with Indian assets. So, their source of funding is limited to their stake in Indus and generally if one has to look at monetization of Indus, then they would want Indus to get to its fair value. It has actually re-rated quite a lot.”
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