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