Thursday, 13 December 2018

Vodafone India ordered to pay €282m merger fee

By Nick Wood, Total Telecom
Tuesday 24 November 15

Charge paves way for IPO by facilitating merger of telco's operating subsidiaries.

Vodafone India has been ordered to pay 20 billion rupees (€282.4 million) by India's Supreme Court to merge several of its operating subsidiaries. The Economic Times reported on Monday that the fee, payable to the Department of Telecommunications (DoT) in return for a merger licence…

Vodafone India has been ordered to pay 20 billion rupees (€282.4 million) by India's Supreme Court to merge several of its operating subsidiaries. The Economic Times reported on Monday that the fee, payable to the Department of Telecommunications (DoT) in return for a merger licence…

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