Both the telecom companies currently hold a 50% stake in Firefly Networks, which will be sold to iBus Network for a total cash consideration of INR 4.5 Cr each, as per exchange filings The deal is ...

Bharti Airtel and Vodafone Idea have sold their entire respective stakes in their joint venture Firefly Networks, a Wi-Fi infrastructure company, to iBus Network and Infrastructure for Rs 9 Crore.

Indian mobile carriers Bharti Airtel and Vodafone Idea (Vi) have sold their WiFi joint venture (JV) Firefly Networks to iBus Network and Infrastructure Private Limited. The two carriers confirmed the ...

The deal is expected to close within 30 business days from the date of execution of the agreement between the firms.

iBus Networks, specializing in providing Wi ... thus increasing efficiency in a network. With an organic compounded annual growth rate (CAGR) of 60% expected for the next few years, the top ...

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said ...

While those using the Ibus at present abhor the idea of dismantling ... ensuring the long-term sustainability of its transportation network. The remaining 20 per cent say that if flyovers would ...

The telecom giant has also sold its 50% stake in Firefly Networks to iBUS Network for ₹4.5 crore. Firefly, which contributed minimally to Airtel’s revenue and net worth in FY24, will no longer ...

The debt-laden telecom company has sold its entire 50% stake in Firefly Networks, a joint venture with Bharti Airtel, to iBUS Network and Infrastructure for Rs 4.5 crore. The transaction is ...