January 31st, 2017 5:06 PM 40 COMMENTS

Ensure Vodafone-Idea merger not an outcome of a forced situation created by unfair playing field: Airtel CEO Gopal Vittal

India’s top telco Bharti Airtel’s managing director and CEO Gopal Vittal welcomed the proposed alliance between Vodafone India and Idea Cellular, which are the country’s second and third largest telcos. “We welcome the news of the proposed alliance between Vodafone and Idea Cellular. Consolidation is always good, especially for any capital intensive sector with multiple players,” Vittal said on Tuesday. According to him, a few solid and profitable players are... Read More

January 30th, 2017 3:13 PM 31 COMMENTS

Vodafone, Idea Cellular confirm preliminary all-share merger discussion

Vodafone Group on Monday said that is in its discussions with the Aditya Birla Group about an all share merger of Vodafone India and Idea Cellular, confirming the recent media speculation regarding a potential combination of its Indian business with the third largest telco by users, Idea Cellular. “Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (excluding Vodafone's... Read More

January 20th, 2017 11:49 AM 30 COMMENTS

Vodafone & Idea’s strength and weaknesses match very well, a merger is a perfect match: Sunil Mittal

Bharti Enterprises Chairman Sunil Bharti Mittal reckons that the merger of Vodafone India and Idea Cellular, if takes place, is a ‘perfect match’, as their strength and weaknesses match very well, and can lead to a good business case. In an interview to BloombergQuint on the sidelines of the 47th World Economic Forum at Davos, Mittal said, "It’s a perfect match... But you know I can’t sit on the minds... Read More

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