Vodafone Group will merge its Indian subsidiary with local rival Idea Cellular within two years, Idea said on Monday. Vodafone will own 45.1 percent of the merged entity, after it transfers about 4.9 percent to promoters of Idea and/or their affiliates for Rs. 3,874 crores ($592.15 million) in cash, Idea said. Idea will have the […]
Posts tagged telecom
India to Get Its Own Mobile World Con...
India will organise its first mobile congress in September with a special focus on reaching out to the South East Asian markets. “There is Mobile World Congress in Barcelona and an edition in Shanghai. There is nothing in between for South East Asia. India is emerging as one of the global leaders in telecom which […]
Reliance Jio, Airtel, Vodafone, Idea:...
Soon after Reliance Jio entered the Indian market, incumbents such as Airtel, Vodafone and Idea launched their own unlimited calling offers. Now, it seems, is the turn of mobile data to take centre stage. The Mukesh Ambani-backed operator is providing data at never-seen-before prices with the new Jio Prime plan, and has forced the rivals […]
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