Telecom Companies News

Vodafone Idea stakeholder KM Birla offers to sell shares to govt

Vodafone Idea stakeholder KM Birla offers to sell shares to govt

New Delhi: To keep the worst of the financially strapped telecom operators, Vodafone Idea, afloat Aditya Birla Group’s owner Kumar Mangalam Birla has shown interest in offloading his stake to any state-owned or “domestic financial entity” which might be interested in the deal. KM Birla’s Aditya Birla Group (ABG) holds around 27% share