Vodafone takes stake in Indian operator

Vodafone has targeted the rapidly-expanding mobile phone market in India today by paying £820m (€1.2bn) for a 10% stake in the country’s largest operator.

Vodafone has targeted the rapidly-expanding mobile phone market in India today by paying £820m (€1.2bn) for a 10% stake in the country’s largest operator.

Vodafone picked up a stake in Bharti Tele-Ventures, the fastest growing wireless company in India with 14.1 million customers, or 22% of the market.

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