Vodafone India exec says IPO unlikely this year

NEW DELHI Tue May 21, 2013 5:27am EDT

NEW DELHI May 21 (Reuters) - A planned initial public offering of Vodafone Group Plc's Indian unit is unlikely this year, the unit's Chief Executive Marten Pieters said in New Delhi on Tuesday.

Pieters said the company will wait for clarity on rules around airwaves and cellular permits before going ahead with the IPO.