Can the combined entity of Idea-Vodafone continue to hold the number one slot in terms of revenues, despite the bruising challenge from Reliance Jio as well as Bharti Airtel? And will the merged entity be able to fight the battle more effectively than going it alone?
Naturally, the two partners — Vodafone and the Aditya Birla group — think it will. That is why just last week it jointly took one more big step towards the merger, which is expected to be completed by June, when it announced the new top leadership team. Balesh Sharma, Vodafone’s current chief operating officer,