French telecom billionaire Xavier Niel wins India approval for $5.8 billion Vodafone stake

Billionaires Africa | 31.10.2026 16:18
French telecom billionaire Xavier Niel has won approval from India's competition regulator for his purchase of a 16.2% stake in Vodafone Group Plc, clearing one of the remaining hurdles to a deal that will make him the British carrier's largest shareholder.