• Friday, December 09, 2022

Business

Vodafone and Idea tie-up creates India’s biggest telecom firm

By: Sarwar Alam

British mobile phone giant Vodafone will merge its Indian unit with Idea Cellular to create India’s largest telecoms operator as they combine to fight a price war sparked by the country’s richest man. The confirmation ended months of speculation that the two operators were ready to sign a deal to help fend off the Mukesh Ambani-backed Reliance Jio, whose recent arrival has shaken up India’s ultra-competitive mobile network market. ‘Vodafone Group Plc and Idea Cellular today announced that they have reached an agreement to combine their operations in India,’ they said in a statement to the Bombay Stock Exchange (BSE).…

You do not have access to this content. You need to subscribe.

Eastern Eye

Related Stories

Eastern Eye

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…