Mumbai: Telecom major Vodafone India on Tuesday said its initial public offer this year is highly unlikely due to uncertainty over regulatory issues and pricing scenario in the sector.
"It is highly unlikely that we are able to do an IPO in the middle of so many spectrum auctions. It depends on what the final decision on auction of spectrum will be," Vodafone India Managing Director and Chief Executive Marten Pieters
told reporters on Tuesday....more
03:39 AM, May 23, 2012