Vi in advanced negotiations to monetise its fibre assets to raise over Rs 100 billion

Vodafone Idea Limited is reportedly in advanced negotiations with private equity companies to monetise its fibre assets and in-building solutions (IBS) to raise around Rs 100 billion-Rs 120 billion. As per industry sources, the valuation of fibre assets was in the range of Rs 100 billion-Rs 115 billion while that of IBS could be around Rs 5 billion. The deal is expected to be concluded soon.