Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
DoT likely to approve Voda-Idea merger by end of this month
TT Correspondent |  |  07 Apr 2018

The Department of Telecom (DoT) is likely to approve the merger between Idea Cellular and Vodafone India within this month, a senior official said which will pave the way for creating the largest carrier in India by subscribers and revenue market share.

“The final approval should come within this month,” the official said, asking not to be named.

Vodafone India and Idea, India's No. 2 and No. 3 carriers, are merging their operations here to create an entity that will be equally owned by UK’s Vodafone Group and India’s diversified Aditya Birla Group.

The merged entity will have over 410 million customers, nearly 42% customer market share (CMS) and nearly 37% revenue market share (RMS), leaving it stronger placed to take on competitive pressures triggered by Jio, with 160 million subscribers and over 16% CMS and 15.3% RMS.

    
Other Stories in this Section
 mail this article    print this article    Show and Post comment
07 Apr 2018(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more