Vodafone Idea (Vi) has entered into a Share Purchase Agreement with Manipura Digital Infrastructure OPCO Pte for transfer of Company’s entire shareholding in Firefly Networks (FireFly), subject to completion of closing conditions, for a consideration of Rs 6.05 crore. Upon transfer of its shareholding, FireFly would cease to be a Joint Venture of the Company. The completion is expected within around 45 days from the date of execution of the agreement.
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.
