Listing plans put on hold: Vodafone India

October 31, 2013 17:10

Vodafone India, the nation's second-biggest telecom firm, has put on hold a planned initial public offering (IPO) over lack of clarity on rules around spectrum and cellular permits.

"At this moment we have put that (IPO) on hold because we need first clarity about our licence extensions and the pricing of spectrum," Vodafone India Managing Director and Chief Executive Officer Martin Pieters said.

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