Vodafone-Idea Cellular combined entity will have a more balanced subscriber mix: Fitch
The combined entity of Vodafone India and Idea Cellular will have a more balanced subscriber mix, as the current second largest telco is strong in urban areas whereas the Aditya Birla Group telco focuses more on the rural mass market, ratings agency Fitch said in a note on Wednesday. The proposed merger would also help both the telecom operators withstand intense price competition brought by Reliance Jio in the Indian... Read More