Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale

Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The proceeds were used to repay loans secured against Indian assets, including Vodafone Idea.

Nov 13, 2024 - 00:00
 3
Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale
Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The proceeds were used to repay loans secured against Indian assets, including Vodafone Idea.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow