Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said in ...

Upon completion, Firefly Networks will cease to be a joint venture of Bharti Airtel and Vodafone Idea. According to the filing, the transaction is not classified as a related-party transaction and ...

Bharti Airtel and Vodafone Idea have sold their entire respective stakes in their joint venture Firefly Networks, a Wi-Fi infrastructure company, to iBus Network and Infrastructure for Rs 9 Crore.

Bharti Airtel has announced that it will sell its whole 50% ownership in Firefly Networks to iBus Network and Infrastructure via a Share Purchase Agreement signed on January 6, 2025. The ₹45 ...

Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. The Wi-Fi infrastructure company contributed Rs 5.5 crore to Vi’s losses ...

Indian mobile carriers Bharti Airtel and Vodafone Idea (Vi) have sold their WiFi joint venture (JV) Firefly Networks to iBus Network and Infrastructure Private Limited. The two carriers confirmed the ...

As part of it, Vodafone Idea and iBUS Network signed a Share Purchase Agreement for transferring shareholding in Firefly Networks.

Disinvestment: As part of this disinvestment, Sunil Mittal-led Bharti Airtel would get Rs 4.5 crore from the transaction. KM Birla-led Vodafone Idea also informed that it would get the same amount as ...

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said ...

Bharti Airtel and Vodafone Idea (Vi) have sold their entire stakes in their joint venture, Firefly Networks, to iBus Network and Infrastructure for ₹9 crore. Stake Sale: Both Airtel and Vodafone Idea ...

The deal, expected to close within 30 business days, marks Vodafone Idea’s exit from this joint venture with Bharti Airtel Ltd. Post-transaction, Firefly Networks will cease to be a joint ...

Bharti Airtel: The telecom major has entered into a share purchase agreement with iBUS Network and Infrastructure for the transfer of its entire 50 per cent stake in Firefly Networks. After the ...