June 7th, 2018 11:17 AM 15 COMMENTS

Vodafone and Idea Cellular Merger Will Help in Early Stabilisation of the Sector: Aruna Sundararajan

Vodafone India and Idea Cellular are all set for the mega-merger which will create the country's largest telecom operator beating Bharti Airtel. Aruna Sundararajan, Telecom Secretary has stated that the merger between the country' second and third largest telcos will "help in the early stabilisation of the sector.' Speaking with ET, she stated that the government's current aim is to improve the ease of doing business in the country, which... Read More

April 14th, 2018 11:41 AM 50 COMMENTS

DoT Asks Vodafone India and Idea Cellular to Clear the Pending Rs 19,000 Crore Dues Before Merger

The much anticipated Vodafone India and Idea Cellular merger seems to have hit a major roadblock. As a pre-condition for clearing their mega-merger, the Department of Telecom (DoT) is likely to ask Vodafone and Idea to collectively clear dues of nearly $3 billion or Rs 18,870 crore relating to a mix of pending licence fees, spectrum usage charges (SUC) and one-time spectrum charges (OTSC), reports Economic Times. Vodafone India’s licence... Read More

Recent Comments

SUBSCRIBE TO OUR NEWSLETTER