Contrary to what the analysts say about the newly merged Vodafone Idea Ltd, the Telecom Regulatory Authority of India (Trai) has asserted that it is confident about the upcoming situation in the telecom sector that no more telecom operators will be facing heat due to excessive competition. The regulator has also said that the industry is on the verge of hitting a new growth wave. The analysts are of a... Read More
Vodafone Idea Limited, which recently became operational is reportedly looking to limit its workforce to 15,000 levels from the existing 17,500-18,000 levels. This essentially means that the merged entity will shed up to 2,500 people from the organisation. While some employees will be moved back to their respective parent companies, some will be taken by natural attrition, according to an Economic Times report. Furthermore, the merged entity will also be... Read More
The finalised merger of Idea Cellular and Vodafone is the biggest M&A deal happening in the country right now. After being severely bogged down by the latest telecom entrant in the country, Reliance Jio, the British Vodafone Plc owned Indian wing, and the Kumar Mangalam Birla led telco decided to join their forces to tackle the increasing competition in the telecom sector. In the last few months only, we have... Read More
After securing the last nod from NCLT, the merged entity of Idea Cellular and Vodafone India, which is already named as Vodafone Idea Limited begins its operations in the country. The merged entity has confirmed that it will have over 408 million subscribers, Revenue Market Share of 32.2% with top position in 9 circles, over 3,40,000 (3G+4G) sites spread across the nation and much more. So it's now official that... Read More
With the merger approaching its final stages, the Kumar Mangalam owned telco Idea Cellular, and Vodafone Plc held Vodafone India have drastically intensified their efforts in a quest to rake in as many subscribers as possible. The merger which was finalised last month has paved the way for the formation of the largest telecom operator in the country with the most prominent subscriber base and revenue market share. The blow... Read More
The mega-merger of Vodafone India and Idea Cellular has finally received approval from the Department of Telecommunications (DoT), although conditionally. DoT, which was earlier said to be seeking bank guarantee from Vodafone India has asked the merged entity to deposit an amount of Rs 3,911 crores and also asked to submit a bank guarantee of Rs 2,153 crores for the merger. Earlier, the merger approval from DoT was said to... Read More
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
The UK-based telecom operator Vodafone, in its annual report, has stated the plans for investing 1 billion Euro or around Rs 8,000 crore in the yet-to-be-merged entity with Idea Cellular. Both the telcos are expecting the proposed merger to get required approvals within this month itself. Furthermore, Vodafone stated that it would be ready to monetise the stake in Indus Towers if required, to make more investment in the merged... Read More
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
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And there are wifi 7 router on amazon lol
wifi is western culture hence ban wifi -these ppl probably
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