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
Aw, this was a really good post. Taking the time and actual
effort to generate a good article… but what can I
say… I procrastinate a lot and don’t manage to get anything done.
Have you ever considered publishing an e-book or guest authoring on other websites?
I have a blog based upon on the same ideas you discuss
and would love to have you share some stories/information. I know my readers would enjoy your work.
If you are even remotely interested, feel free to shoot me an e-mail.
I’m really loving the theme/design of your weblog.
Do you ever run into any internet browser compatibility problems?
A small number of my blog audience have complained about my website not working correctly
in Explorer but looks great in Chrome. Do you have any solutions to help
fix this issue?
I like what you guys are up too. This kind of clever work and exposure!
Keep up the good works guys I’ve you guys
to my blogroll.
An outstanding share! I have just forwarded this onto a co-worker who
has been conducting a little homework on this. And he actually ordered me breakfast because I found it
for him… lol. So let me reword this…. Thanks for the meal!!
But yeah, thanks for spending some time to discuss this subject here on your blog.
What’s up, all is going well here and ofcourse every one is sharing information, that’s in fact excellent, keep up writing.
Hey! I know this is kind of off topic but I was wondering if you knew where
I could get a captcha plugin for my comment form? I’m using the same blog platform
as yours and I’m having problems finding one? Thanks a lot!
Everything is very open with a precise description of the issues.
It was definitely informative. Your website is extremely helpful.
Thank you for sharing!
Hi there! This article could not be written any better!
Looking at this post reminds me of my previous roommate!
He always kept talking about this. I will send this
post to him. Fairly certain he’ll have a great read.
Thanks for sharing!
I blog quite often and I seriously thank you for your content.
The article has truly peaked my interest. I’m going to take a note of your website and keep checking for new details about once a week.
I subscribed to your Feed as well.
I am truly pleased to read this weblog posts which carries lots of helpful information, thanks for providing these
statistics.
I just like the helpful information you supply in your
articles. I’ll bookmark your blog and test again here regularly.
I am somewhat sure I will be informed many new stuff right right here!
Best of luck for the following!
My partner and I stumbled over here by a different web address and thought I should check things out.
I like what I see so i am just following you. Look forward to looking over your
web page again.
Hello excellent blog! Does running a blog similar to this take a
great deal of work? I have no understanding
of programming but I was hoping to start my own blog in the near future.
Anyhow, should you have any ideas or tips for new blog owners please share.
I know this is off subject however I simply needed to ask.
Thank you!
I’m not sure why but this weblog is loading very slow for
me. Is anyone else having this problem or is it a problem on my end?
I’ll check back later on and see if the problem
still exists.