TPG, Apollo, other PEs look to invest in troubled Indian telco Vodafone Idea's assets

TPG, Apollo, other PEs look to invest in troubled Indian telco Vodafone Idea's assets

REUTERS/Babu/Files

TPG Capital, Apollo Global and Carlyle Group are among private equity giants in early talks with Vodafone Idea Ltd to invest in the company’s optic fibre and data centre assets worth around $1 billion, said two people familiar with the matter.