Voda hints at Indian IPO - Mobile World Live

Voda hints at Indian IPO

20 APR 2011

Vodafone CEO Vittorio Colao says the operator is considering an IPO of its Indian unit once the circumstances are right. In an interview with Bloomberg UTV in Mumbai yesterday, Colao said the listing would only be considered after 2011 and after disputes with partner Essar Group and the Indian tax authorities are resolved. It will also depend on local demand for data offerings. “If there’s a good story from a data perspective, and from a regulatory perspective, I’d be likely to look at it,” he said.

Author

Mobile World Live

Mobile World Live is the online service dedicated to providing the mobile industry with daily news coverage & analysis of the biggest global market developments.

Read more

Related

Tags