Two days ago, wadophone india had publicly exclaimed that they wanted to hang up their boots and exit the business altogether. Both komar mangalam birla, a man who owns a sizable stake in ve and uk Based wodophone, had contemplated giving away the stake for practically nothing. The management decided that it was in no position to pay back the dues, and so willingly converted the interest obligation into equity. And if you're wondering what happened two days ago, well, wodofon idea took up this offer.