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Arpit Sharma June 30th, 2018 1:48 PM 45 COMMENTS

Delay in Merger Likely to Hit Idea-Vodafone in the Form of Revenue and Subscriber Base Loss

The Idea-Vodafone merger which will lead to forging of the biggest telecom operator of the country might be delayed due to the unforeseen development of DoT raising demands. This delay might mean customers and revenue losses along with some HR complications for both the companies, the experts say. It is noteworthy that the final date of the merger was decided last year in March itself. However, this new issue of... Read More

Arpit Sharma June 25th, 2018 1:30 PM 16 COMMENTS

Idea-Vodafone Merger Likely to be Delayed as DoT Plans to Raise Rs 4,700 Crore Demand for OTSC

One of the most important and strategic deals of the year, the Idea Cellular and Vodafone India merger might hit a new roadblock as this latest news points out. The two big telecom giants of the country might have to push on the June 30 deadline of the merger as the DoT has been expected to raise a new demand of Rs 4,700 crore, a source said to PTI. Vodafone... Read More

Chakri K June 22nd, 2018 8:10 PM 1 COMMENTS

Idea Cellular Announces Rs 150 Cashback Offer for Postpaid Users on SonyLIV Subscription Purchase

Idea Cellular has now announced up to Rs 150 cashback offer for its postpaid customers who subscribe to SonyLIV membership during the FIFA World Cup 2018. Idea Nirvana postpaid customers will now get 100% cashback along with the benefit of watching live football matches on the SonyLIV app, during the season. Idea users will also get access to upcoming sports series and other premium content on the app for just... Read More

Arpit Sharma June 20th, 2018 6:07 PM 0 COMMENTS

DoT to Take Legal Consultation On the Matter of Spectrum Dues from Idea Cellular

The Department of Telecommunications (DoT) is awaiting legal opinion on the decision of whether or not it will be disobedience to the court’s order if it seeks the differential spectrum fee from Idea Cellular for spectrum charges ahead of the merger approval. This recent update alludes that the merger of the British subsidiary Vodafone India and the Kumar Mangalam Birla led Idea Cellular might face some delay. The matter has... Read More

Arpit Sharma June 19th, 2018 5:13 PM 0 COMMENTS

DoT to Decide Fee Differential Payment for Spectrum in Vodafone-Idea Merger, Seeks Legal Opinion

The Department of Telecommunications is now on the lookout for a legal opinion on the Idea Cellular and Vodafone India merger in respect to Vodafone's administratively allocated spectrum holdings, an industry insider said to IANS. The merger and acquisition (M&A) guidelines dictate that for such spectrum holdings of the acquired entity, it is the acquirer’s responsibility to pay the differential between the market determined price and the entry fee. The... Read More

Chakri K June 19th, 2018 4:09 PM 79 COMMENTS

Idea Cellular Completes the Roll Out of VoLTE Across all of its 4G Circles

Idea Cellular has now made an announcement that it has completed the roll out of VoLTE (Voice over LTE) service across all its 4G circles and also became the first GSM operator in the country to offer VoLTE service across 20 telecom circles. Idea Cellular has now launched VoLTE services in Himachal Pradesh, Odisha, Assam, North East Service Area (NESA) and Jammu & Kashmir, expanding VoLTE presence across all its... Read More

Arpit Sharma June 15th, 2018 1:03 PM 0 COMMENTS

Telecom Department Seeks Rs 2,100 Crore Bank Guarantee Ahead of Idea-Vodafone Merger

A government official informed that the Department of Telecommunications (DoT) would be seeking a bank guarantee of Rs 2,100 crore for the clearance of the Idea Cellular and Vodafone India merger. The government official quoted "DoT will raise demand for around Rs 2,100 crore bank guarantee from Idea Cellular before the merger of Vodafone India. The amount pertains to one-time spectrum fee of Idea Cellular. Idea Cellular will be asked... Read More

Chakri K June 13th, 2018 10:34 AM 24 COMMENTS

Vodafone-Idea Merged Entity to Forego 14 Million Subscribers in Six Circles

Vodafone and Idea Cellular are expected to receive their merger approval from Department of Telecommunications (DoT) this week itself. According to DoT norms, Vodafone-Idea may lose 14 million subscribers in six circles- Gujarat, Haryana, Kerala, Madhya Pradesh, Maharashtra and Uttar Pradesh (West) as a telco cannot hold more than 50% of subscriber market share in a single circle. Alongside the subscriber market share, a telco should not have more than... Read More

Chakri K June 1st, 2018 8:01 PM 108 COMMENTS

Idea Cellular Will Be Called Vodafone Idea Post Merger

The merger of Idea Cellular and Vodafone India is expected to receive the final leg of regulatory approval from the Department of Telecom (DoT). The third-largest telco, Idea, today called an Extraordinary General Meeting (EGM) on June 26. During the EGM, the Kumar Mangalam Birla-owned telco will reportedly change its name from Idea Cellular Limited to Vodafone Idea Limited. The EGM is set for June 26, and during the same... Read More

Chakri K May 31st, 2018 5:00 PM 5 COMMENTS

Idea Cellular Successfully Completes the Standalone Tower Business Sale to ATC

Idea Cellular, today announced the completion of the sale of its pan-India standalone tower business, by way of divesting its entire stake in ICISL to ATC Telecom Infrastructure. For the unaware, Idea Cellular Infrastructure Services (ICISL) is the 100% tower subsidiary of Idea Cellular. The transaction has been closed with an enterprise value of Rs 4000 crore for approximately 9,900 standalone towers. Vodafone’s sale of its standalone tower business to... Read More

Arpit Sharma May 28th, 2018 7:54 PM 15 COMMENTS

DoT Likely to Seek Liberalisation of Vodafone Spectrum by Idea Cellular

In a new update, DoT has directed that Idea Cellular, before heading towards the merger with Vodafone India, will have to liberalise the administratively-allocated spectrum held by Vodafone, worth about Rs 45 billion. Liberalising of the spectrum will mean that the telco will allow to use every technology like third-generation (3G) or 4G services. The direction to liberalise the spectrum held by Vodafone India comes from merger and acquisition guidelines.... Read More

Chakri K May 28th, 2018 3:55 PM 15 COMMENTS

Idea Cellular Gifting 30GB of 4G Data to Users as Part of VoLTE Expansion to Nine More Circles

Idea Cellular today announced the rollout of Idea VoLTE service across nine major circles- Mumbai, Karnataka, Punjab, Haryana, West Bengal, UP East, UP West, Bihar & Jharkhand and Rajasthan, which takes the total list of Idea VoLTE circles to 15. Idea VoLTE is now available in 15 circles which cover 85% of the country's mobile subscriber base, that also makes the telco biggest VoLTE network by a GSM operator. For... Read More