Essar Communications Mauritius Limited (ECML) today declared that its completely owned subsidiaries, Essar Communications Ltd. (ECL) and Essar Communications Ltd. (ECom) have sold the 22% shareholding in Vodafone Essar Ltd. (VEL) to Vodafone. The agreement was signed in Port Louis,…
Tag: Essar
Vodafone Acquires Essar’s 33% Stake In JV For $5 Billion
Country’s second largest mobile service operator in terms of revenue and third largest in terms of subscribers, Vodafone Essar has announced that the Essar Group has exercised its put option over 22% of Vodafone Essar Limited (VEL). After the exercise…