Vodafone, Idea Cellular Begin Exercise to Shortlist Senior Executives for Merged Entity: Report

Vodafone India and Idea Cellular have started the exercise to shortlist senior executives that will play key roles in the merged entity. Both the companies have appointed Spencer Stuart, a leadership management company, to shortlist these senior cadres as these companies move closer to complete the merger.

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Notably, Vodafone has already appointed Manish Dawar as the new chief financial officer, who will become the CFO of the merged entity. Aditya Birla Group chairman Kumar Mangalam Birla has already been named the chairman of the merged company, while the chief executive officer will be jointly named.

According to an Economic Times report, around 100 senior management staff from each of the companies are going through a fitment test, with the aim of seeing if they are suited for the merged company. ”The process has started, and both operators will have their senior managers go through this talent mapping,” a source was quoted as saying by the publication.

Idea Cellular currently employs around 11,000 plus, while Vodafone India has around 10,000 people working. The merger with both the companies is most likely to be completed in the first half of next year.

Earlier some news report said that the merger might well close as early as the end of March 2018, ahead of the official estimates of September next year.

The proposed merger of Vodafone India and Idea Cellular will create the nation’s largest telecom operator. A new Vodafone-Idea entity would have about 390 million users, exceeding current market leader Bharti Airtel’s 266 million.

The combined entity will also be the largest by revenue market share of around 40% share with combined revenue of Rs78,000 crore, and 35% customer market share. Bharti Airtel is currently the leader in revenue terms.

Idea Cellular is expecting to soon close the new 4G ICR arrangements with Vodafone India for an additional 4G coverage in nearly 5,000 new towns and neighbouring villages for each telco, having already entered into an active Infrastructure sharing arrangement with Vodafone to avoid duplication of spends and make the best use of capital expenditure (capex).

“Both telcos have now started to enjoy expanded coverage from such shared sites,” Idea recently said, adding that it is on course to introduce its own VoLTE – ‘Voice over LTE’ by early calendar year 2018.

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15 Comments on "Vodafone, Idea Cellular Begin Exercise to Shortlist Senior Executives for Merged Entity: Report"

 

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Prithvi
December 27, 2017 9:11 pm 9:11 PM

Please select the best professional, moral, ethical personnel from the lot. Good Luck !!

Abhijit
December 27, 2017 6:11 pm 6:11 PM

But what about 3G tie up? In Mumbai, Tata Docomo giving 3G with Airtel tie up.. And Idea still sticking with 4G/2G packs with no 3G access in Mumbai circle.. And now even removed 3G access for Maharashtra circle Idea users in Mumbai roaming which is going fluently from past 10yrs

Kaushik
December 28, 2017 10:57 am 10:57 AM

I am roaming in from MPCG to Mumbai regularly and I do get 3G access on my IDEA sim via Vodafone network, but it only automatically selects 3G network in select places like Airport etc., other places I have to manually latch on to Vodafone network. Have you tried manual latching?

Idea 4G coverage has improved in the past few months in Mumbai but the speeds are still a running joke. Mumbai is a circle where Idea is fast losing RMS and becoming a bottom basement operator…..My guess is that even Tata Docomo will surpass it soon.

Abhijit
December 28, 2017 11:25 am 11:25 AM

Even I was used to get 3G access till Oct 2017.. As mine is old number since last 10yrs.. Even when Idea was not operational in Mumbai circle so has used Orange/Hutch also while roaming. But this manual or even tried handset changing but same problem Vodafone 3G is forbidden for me from Nov 2017 onwards. Also complaint made till appellete authority but no solution yet. They only don’t know why such happening is an big joke

Prakash
December 27, 2017 4:22 pm 4:22 PM

Good News

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