Vodafone Idea Share: The biggest news has come on Vodafone Idea, preparations to invest ₹50000 crore, will also take control of the company!

News Topical, Digital Desk : Significant news has emerged regarding telecom company Vodafone Idea. The Economic Times reports that American private equity firm Tillman Global Holdings (TGH) is in talks to invest $4 to $6 billion in the company. According to the report, if the deal goes through, TGH will become the company's promoter and take operational control from current promoters Aditya Birla Group and Vodafone UK.

Talk of a big deal
According to a report in The Economic Times, American private equity company Tillman Global Holdings (TGH) is in talks to invest $4-6 billion (approximately ₹33,000-50,000 crores) in Vodafone Idea.

Under the deal, TGH may get operational control of the company and may become its new promoter. A source said, “If this deal happens, TGH will take over the control from Aditya Birla Group and UK's Vodafone.”

Government's role is important
The report says that this investment will happen only if the government prepares a comprehensive package on all the liabilities of the company related to AGR and spectrum dues. The government's stake is currently 48.99%, while Aditya Birla Group holds 9.50% and Vodafone Plc holds 16.07%. If the deal goes through, the promoters' stake will decline, while the government's holding is likely to remain below 49% over time as some of the dues may be converted into equity. 

Impact of the Supreme Court Order: Vodafone Idea shares saw pressure last week as the Supreme Court's order provided only partial relief to the company. The Supreme Court stated that the additional AGR demand was limited to the financial year 2016-17. The court also clarified that this order would only apply to Vodafone Idea. This did not completely alleviate the company's liabilities, but investors are hopeful that the TGH deal could provide a new lifeline for the company. 

What will happen next? Market experts believe that if this deal goes through, it could prove to be a game changer for Vodafone Idea. With funding, the company could accelerate its network expansion, 5G rollout, and debt reduction. However, investors are now watching the government's response and the formal announcement of the deal.

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