Vodafone, Idea announces merger and plans to roll out 5G in India...
21 Mar 2017 Published by Rahul Verma 154 Views

Vodafone Idea MergerIn effort to wither away the ongoing war in wirelesss telecoms, Vodafone and Idea Cellular has announced merge, excluding Vodafone’s 42% stake in Indus Towers Ltd, to create India’s largest telecom company with a total revenue of over Rs 80,000 crore. Vodafone will be a dominant partner in the merger with 45.1% stake after it will transfer a stake of 4.9% to the Aditya Birla group for Rs3,874 crore to complete the merger.  “The promoters of Idea have the..

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