Ericsson had originally acquired a 0.9% stake in Vodafone Idea in June 2024
In sum – what you need to know:
Ericsson quits Vodafone Idea – Ericsson India sold its remaining 0.6% stake in Vodafone Idea, raising INR4.28 billion ($49.9 million) via share sales on the National Stock Exchange.
Government diluted stake – Ericsson’s original 0.9% stake, acquired in June 2024, was diluted in March 2025 after the Indian government increased its holding to nearly 49%.
Follows Nokia’s earlier exit – The move echoes Nokia India’s decision to divest its 0.95% stake in Vodafone Idea last month.
Ericsson’s Indian arm has reportedly sold its remaining 0.6% stake in Indian telco Vodafone Idea (Vi), raising a total of INR4.28 billion ($49.9 million). Citing data from the National Stock Exchange of I