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
Very good site you have here but I was wanting to know if you knew of any forums that cover the same topics talked about in this article?
I’d really like to be a part of online community where I can get comments from
other knowledgeable people that share the same interest. If you have any suggestions, please let me know.
Many thanks!
Hey, I think your blog might be having browser compatibility
issues. When I look at your blog in Safari,
it looks fine but when opening in Internet Explorer,
it has some overlapping. I just wanted to give you a quick heads
up! Other then that, excellent blog!
Hi would you mind letting me know which hosting company you’re using?
I’ve loaded your blog in 3 different browsers and I must say this blog loads a lot quicker
then most. Can you suggest a good web hosting provider at a reasonable price?
Thanks a lot, I appreciate it!
An outstanding share! I’ve just forwarded this onto a friend who has
been doing a little homework on this. And he in fact bought me breakfast due to the fact that I discovered it
for him… lol. So let me reword this….
Thank YOU for the meal!! But yeah, thanx for spending
some time to talk about this issue here on your internet site.
Magnificent website. Lots of useful information here. I’m sending
it to several friends ans also sharing in delicious.
And of course, thank you to your sweat!
Hi it’s me, I am also visiting this web site regularly, this web site is actually good and the visitors are actually sharing fastidious thoughts.
This website was… how do you say it? Relevant!! Finally I have found something that helped me.
Thank you!
Aw, this was a very good post. Taking a few minutes and actual effort
to produce a good article… but what can I say… I procrastinate a whole lot and don’t manage
to get nearly anything done.
You could certainly see your enthusiasm within the work you write.
The sector hopes for even more passionate writers like you who are not
afraid to mention how they believe. All the time
follow your heart.
I am really impressed with your writing skills and also with the layout on your
weblog. Is this a paid theme or did you customize it yourself?
Anyway keep up the nice quality writing, it’s rare to see a great blog like this one these days.
Hey there, You’ve done a fantastic job. I will certainly digg it and personally suggest
to my friends. I’m confident they’ll be benefited from this web site.
This is a topic that is near to my heart… Take care!
Exactly where are your contact details though?
Pretty nice post. I just stumbled upon your blog and wanted to say that I have really loved surfing around your blog posts.
In any case I will be subscribing on your rss feed and I’m hoping you write again soon!
Ahaa, its fastidious dialogue about this article
at this place at this blog, I have read all
that, so at this time me also commenting
at this place.
Very quickly this web site will be famous amid all blog viewers, due to it’s good articles