Global Trade Alert
Global Trade Alert

India: Conversion of telecom auction dues of Vodafone Idea Limited into equity shares

Announcement

29 Mar 2025

In March 2025, India announced the conversion of outstanding spectrum auction dues into equity shares for Vodafone Idea Limited, increasing the government's stake to approximately 48.99%. The decision aligns with the 2021 Telecom Sector Reforms.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Mar 2025

Revocation date:

No revocation date

Updated: 29 Mar 2025
Capital injection and equity stakes (including bailouts) In force

On 29 March 2025, the Indian Ministry of Communications decided to convert Vodafone Idea Limited's outstanding spectrum dues into equity shares, following the 2021 Telecom Sector Reforms. This move...

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