Amazon.com Inc. and US wireless carrier Verizon Communications are reportedly looking to buy a significant stake in cash-strapped Vodafone Idea for more than $4 billion. The stake-sale talks were paused because the outcome of a Supreme Court hearing on staggered payments of government dues was uncertain and could have threatened the survival of Vodafone Idea. But Amazon and Verizon are set to resume discussions following a Supreme Court ruling which gave mobile carriers 10 years to settle government dues.
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.
