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.

Stock market today: Shares of Vodafone Idea gained 2.15% in early morning trade on Tuesday, January 7, to reach ₹8.06 apiece after the company informed investors that it has entered into a share ...

iBus Networks, specializing in providing Wi-Fi and internet connectivity within buildings, aims to capitalize on the growing demand for real estate digitization across India. New Delhi: Bengaluru ...

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 ...

Firefly’s contribution to Airtel’s turnover and net worth in fiscal 2024 stood at 0.0065% and 0.0007%, respectively. The Wi-Fi infrastructure company contributed Rs 5.5 crore to Vi’s losses ...

Indian benchmark indices kicked-off the week with severe selling pressure on Monday amid the HMPV scare and FIIs dumping Indian equities. BSE Sensex tumbled 1,258.12 points, or 1.59 per cent, to ...

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 ...

Bharti Airtel and Vodafone Idea (Vi) have sold their entire stakes in their joint venture, Firefly Networks, to iBus Network and Infrastructure for ₹9 crore. Stake Sale: Both Airtel and Vodafone Idea ...

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. The Parliament's Budget se ...

The accepted bid project cost is Rs 1,391 crore. The company has entered into a Share Purchase Agreement with iBUS Network and Infrastructure for the transfer of its entire 50% shareholding in Firefly ...