Vodafone settles outstanding Vi liabilities with share transfer

Vodafone Group has reached a settlement with its Indian affiliate Vodafone Idea (Vi) to clear unpaid service fees and related liabilities. Instead of cash, Vodafone will transfer a portion of its shareholding in Vi to cover the outstanding amounts. The deal closes a long-running issue over what Vi owed its parent for services.

By paying with shares rather than money, Vodafone reduces its direct exposure to Vi while still supporting the troubled operator’s efforts to stabilise its finances. The agreement formalises the settlement of the outstanding obligations between the two sides.