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Vodafone, Idea may start joint operations from April with 400 mn customers

The proposed merger of Vodafone India and Idea will create an entity with a revenue of around Rs 775-800 billion

Merger
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Merger

BS Web Team
The joint entity resulting from Vodafone India's merger with Idea Cellular is likely to begin its operations from April, according to a Livemint report.

The National Company Law Tribunal green-lighted the proposed merger between Idea Cellular and Vodafone on 12th January, a move that brought both the companies closer to culminating the deal.

The merger was brought to the table last year in a bid to survive Reliance Jio's onslaught on telecom companies with hypercompetitive pricing.

ALSO READ: New Year Offer: Reliance Jio shows telecom price war is far from over

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