Vodafone exploring IPO for its India unit: Reports

India Infoline News Service | Mumbai | May 26, 2015 10:33 IST

Vodafone is reportedly planning to launch IPO of its Indian arm to raise about $4 bn next fiscal, stated media report.

Vodafone Group Plc has not made any decision in regards to the timeframe of an initial public offering (IPO) for its Indian unit, according to report.
Vodafone is reportedly planning to launch IPO of its Indian arm to raise about $4 bn next fiscal, stated media report.

Report says that IPO would provide Vodafone with cash.
 

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