Vodafone said it will look at listing its Indian unit once it resolves a more than $2 billion tax dispute with the country's government.
Vittorio Colao, chief executive of
the British mobile operator, said on Tuesday that he would definitely consider an IPO of the business in India once the tax case was settled.
Vodafone, the biggest corporate investor in India, has been fighting a tax demand from Indian authorities over its 2007 acquisition of mobile assets in the country.
Source:
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Vittorio Colao, chief executive of