Vodafone Idea Gets a Lifeline: Government Stake Soars to 49%

Unknown Apr 02, 2026 600 Views

Shares of Vodafone Idea (Vi) jumped as much as 22% on April 1, 2025, after the Indian government decided to convert ₹36,950 crore of spectrum dues into equity. This step increases the government holding in the debt-ridden telecom operator from 22.6% to 48.99%, becoming the biggest shareholder. Th...