Vodafone loses 4% shares amidst rumours of getting acquired.
According to media sources, the corporation is in negotiations with USbased telecom giants about a possible purchase, and Verizon, Amazon, and Starlin
According to media sources, the corporation is in negotiations with USbased telecom giants about a possible purchase, and Verizon, Amazon, and Starlink are among those interested. For the past six months, the share price of Vodafone Idea has been rising. The telecom stock has climbed from roughly 6.35 to 12.50 per share in this time, representing an 85 percent increase. However, the 4% drop in the company’s shares broke the record of the uptrend of the percentage. During its results call, Vodafone Ideas management also noted that the companys funding talks had recently picked up pace. Since being circulated, the company has put the rumours to rest by clarifying that they are not in any such discussions with Amazon, Starlink or Verizon.
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B2B Tech News | 13 days ago