Sponsored By
Axiata Group sells stake in India’s Vodafone IdeaAxiata Group sells stake in India’s Vodafone Idea
Uncertainty surrounding Vodafone Idea's future in the country seems to be the main reason for Axiata to exit the Indian market.
Gagandeep Kaur
August 21, 2020
3 Min Read

Malaysia's Axiata Group Berhad has sold its 8.15% stake in Vodafone Idea, marking the exit of Axiata from the Indian market.
Uncertainty surrounding Vodafone Idea's future in the country seems to be the critical reason for Axiata to completely exit the Indian market.
Figure 1: Loss of market share and an inability to pay AGR dues have made Vodafone Idea's future in the country too uncertain.
(Source: Thomas Leuthard; CC BY 2.0)
About the Author(s)
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.
You May Also Like