Essar will have to pay capital gains tax, as the company will be gaining from the deal.
Bharti Airtel Ltd led the signings, adding 2.73 million subscribers in February to take its mobile customer base to 91 million. Vodafone Essar Ltd, controlled by Britain's Vodafone, added 2.5 million users in the month, to take its subscriber base to 65 million, data from the Cellular Operators Association of India showed.
The clarification comes a day after Vodafone signed a shareholders' agreement with the Essar group.
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