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.

The company has entered into a Share Purchase Agreement with iBUS Network and Infrastructure for the transfer of its entire 50% shareholding in Firefly Networks, for Rs 4.5 crore. Post the ...

Bharti Airtel has announced that it will sell its whole 50% ownership in Firefly Networks to iBus Network and Infrastructure via a Share Purchase Agreement signed on January 6, 2025. The ₹45 ...

FireFly Networks is a joint venture between Vodafone Idea Limited and Bharti Airtel Limited, wherein the company and Bharti hold a 50% stake each. Firefly oversees and monetises Wi-Fi hotspots by ...

Vodafone Idea Ltd. has sold its entire 50% stake in Firefly Networks Ltd, a joint venture it had with Bharti Airtel Ltd. iBUS Network and Infrastructure Private Ltd is the buyer, which values the ...

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 is a technology-neutral company that deploys networks that can be shared between telcos and Internet Service Providers (ISPs) to improve service quality at economical costs. Firefly’s ...

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 ...

Vodafone Idea: Debt-ridden telecom operator Vodafone Idea Ltd announced the sale of its entire 50 percent stake in Firefly Networks Ltd to iBUS Network and Infrastructure Pvt Ltd for ₹4.5 crore.

Disinvestment: As part of this disinvestment, Sunil Mittal-led Bharti Airtel would get Rs 4.5 crore from the transaction. KM Birla-led Vodafone Idea also informed that it would get the same amount as ...

Bharti Airtel: The telecom major has entered into a share purchase agreement with iBUS Network and Infrastructure for the transfer of its entire 50 per cent stake in Firefly Networks. After the ...