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

February 17th, 2017 12:00 PM 10 COMMENTS

Airtel plans to poach Vodafone, Idea customers in six circles ahead of merger

India's leading telecom operator Bharti Airtel is reportedly planning to poach customers of Vodafone and Idea Cellular, which are in talks of merging operations in the country. Mint on Friday reported that Bharti Airtel is planning to bring many innovative schemes and tariff plans in at least six circles where the Vodafone-Idea combined entity will exceed the 50% subscriber and revenue market limit, and as per regulations the entity will... Read More

February 2nd, 2017 12:30 PM 0 COMMENTS

Aditya Birla Group-owned Grasim denies rumor of making large investment in Idea Cellular

Aditya Birla Group-owned Grasim Industries, which owns 4.75 per cent share in Idea Cellular, has denied the rumor that it would be making a large investment into the telecom operator as part of the latter’s planned merger with Vodafone Group’s India unit. In a statement to BSE, the company said, “Grasim would like to clarify that its knowledge of the proposed Idea-Vodafone transaction is restricted to what has been put... Read More

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