Vivo India, the Chinese mobile phone manufacturer’s local arm, and
BCCI
have decided to part ways for the 2020 edition of (IPL).
VIVO india
had entered into a contract with
IPL
in 2017 with a winning bid of Rs 2,199 crore for a period of five years and was paying the board an approximate Rs 440 crore per year for the tournament’s title rights.
TOI understands that Vivo India and BCCI have, for now, decided to part ways for the 13th edition and a call on their future participation and resumption of the existing deal will be taken early next year.