Essar is a founding shareholder of Hutchison Essar and the group sees telecom as a core part of its business portfolio for the long term. It is Hutchison that is selling its shares, Essar has no intent to exit the company.

Vodafone has approached Essar to discuss a possible partnership with them as regards the company.

We will take a decision as regards our future course of action in due course and in the best interests of the Essar Group

We will ensure that all of our shareholder rights including under our shareholders agreement with Hutchison are adhered to.