Since early this year, we are hearing about the merging deal between Vodafone India and Idea Cellular but there was no official works. Later Vodafone India confirmed the merger deal, and now both the operators officially announced the merger to become the largest telecom operator in the country.
Since the launch of Jio, all the telecom operators of the country faced massive competition and this maybe one of the main reason behind this merging. The new merger deal will make the operator largest telecom operator in the country, not only in the base of subscribers but also in terms of revenue and towers.
The merger will be reported to be a joint venture, and with the deal Vodafone India will have a share of 45.1 per cent and the Idea Cellular will have 26 per cent of share. And the remaining share of 28.9 per cent, will be retained to the other shareholders of the Idea.
After the procedure of the deal, Mr. Kumar Mangalam Birla will be seated on the chair of chairman, Vodafone will have the power to decide and appoint CEO and CFO of the joint venture within from Vodafone and the merger deal is expected to finish by the end of calendar year of 2018.
So, let’s see how the new merging will benefit to the users. Share your thoughts about the deal in the comment box below.
Also check out our article on Vodafone expands private recharge mode in Maharashtra and Goa. And many other interesting news and tips & tricks on our website.
Stay updated with latest happenings of tech world on the go with Technobugg App, on Android and Windows.
757 Comments
Hello there, just became aware of your blog through Google, and found that it’s really informative.
I’m gonna watch out for brussels. I’ll be grateful if you continue this in future.
Many people will be benefited from your writing. Cheers!
Every weekend i used to go to see this website, because
i wish for enjoyment, for the reason that this this web page conations genuinely good funny material too.
In fact when someone doesn’t know after that its
up to other visitors that they will assist, so here it occurs.
Hello There. I found your blog using msn. This is a
very well written article. I will be sure to bookmark it and return to read more of your useful info.
Thanks for the post. I will certainly return.
I am truly happy to read this website posts which includes tons of helpful information, thanks for
providing these information.
Thanks for finally talking about >Vodafone India, Idea
Cellular and confirms the merger deal to become the largest telecom
operator in the country <Loved it!
This page certainly has all of the information and facts I needed
concerning this subject and didn’t know who to ask.
We are a group of volunteers and starting a new scheme in our community.
Your web site provided us with valuable info to
work on. You have done a formidable job and our entire community will be thankful to you.
It’s in reality a great and useful piece of info.
I am happy that you simply shared this useful information with us.
Please keep us informed like this. Thanks for sharing.
This is the perfect web site for anybody who wishes to understand this topic.
You understand so much its almost tough to argue with you (not that I personally will
need to…HaHa). You definitely put a new spin on a subject
which has been discussed for ages. Great stuff, just excellent!
Greetings I am so thrilled I found your weblog,
I really found you by mistake, while I was researching on Google for something
else, Anyways I am here now and would just like to say
thank you for a fantastic post and a all round exciting blog (I also
love the theme/design), I don’t have time to go through it all at
the moment but I have book-marked it and also added your
RSS feeds, so when I have time I will be back to read a great
deal more, Please do keep up the great work.
It’s great that you are getting thoughts from this paragraph as well
as from our discussion made at this place.
My programmer is trying to convince me to
move to .net from PHP. I have always disliked the idea because of the expenses.
But he’s tryiong none the less. I’ve been using WordPress on a variety of websites for about a year
and am worried about switching to another platform.
I have heard excellent things about blogengine.net. Is there a way I can transfer all my wordpress posts into
it? Any kind of help would be greatly appreciated!
Incredible points. Outstanding arguments. Keep up the great work.
Incredible! This blog looks exactly like my old one!
It’s on a totally different subject but it has pretty much the same page layout and design. Wonderful choice of colors!