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Idea shares tumble on back of Providence sale reports

Connectivity BusinessbyConnectivity Business
June 3, 2016
in Investments, Space Services
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Shares in India’s Idea Cellular plunged more than 11% on Friday following reports that a unit of Providence Equity Partners had sold about half its stake in the country’s third largest mobile operator for some Rs13.8bn (US$205m).  Shares in India’s Idea Cellular (NSE:IDEA) plunged more than 11% on Friday following reports that a unit of Providence […]

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Tags: Asia PacificIdea CellularPremiumProvidence Equity PartnersReliance Jio InfocommTF246
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