May 18, 2024
Investment

GQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say

By M. Sriram MUMBAI (Reuters) – Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans

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Investment

AST SpaceMobile bags $155 mn strategic investment from AT&T, Google, Vodafone, ET Telecom

NEW DELHI: AST SpaceMobile has secured $155 million in strategic investment from AT&T, Google, and existing investor Vodafone which will support the commercial rollout of the startup’s space-based cellular network. In addition to the $155 million strategic investment, AST SpaceMobile plans to draw up to $51.5 million from the company’s existing senior secured credit facility

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