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In March, Vodafone India and Idea Cellular announced the merger of their operations to create the country's largest mobile phone operator worth more than USD 23 billion with a 35 percent market share.
This paves the way for the merger of Idea and Vodafone, creating India’s largest telecom operator with over 430 million subscribers. Prior to the final greenlight, however, the DoT needs ...
Vodafone Idea - formed by a merger between the Indian arm of the UK's Vodafone Group and Aditya Birla Group's Idea Cellular in 2018 - said its initial investors will continue to have operational ...
Vodafone and Three are exploring plans to launch a TV service following their £15bn mega-merger. The mobile providers have held initial discussions about rolling out a subscription TV service as ...
Jio is expected to give it hikes in August this year. The merger between Vodafone and Idea Cellular had shrunk the total employee base. Vodafone laid off over 100,000 employees, at the time of merger.
The telecom operator, born out of the merger between Vodafone India and Idea Cellular Ltd, has an 18% subscriber market share, compared with Jio and Airtel’s 40.4% and 33.5%, respectively.
Vi, which was created in 2018 following the merger of Vodafone India and Idea Cellular, has been struggling to pay its dues with its vendor partners after it was saved from the brink of collapse by ...
According to BofA, while the merger lays a strong foundation for Vodafone, it also brings about a near-term cash flow dilution of approximately 35%. This dilution is expected to affect the company ...
Both companies — which are making losses have been advised by the nodal team handling the merger to shed at least 5,000 employees in the next few months. Vodafone India and Kumar Birla-led Idea ...