Vodafone, Idea Combined to be the Largest Telecom Network in India.
By F9 Team : 20-Mar-2017
NEW DELHI: Idea Cellular and the Indian entity of British telecom company Vodafone broadcast their amalgamation today morning, to be the Nation's greatest telecommunication networks. The 2 merged industry giants have stated that 45 percent of stakes will be for Vodafone and the remaining 26 percent is for Idea.
Several business analysts said that the coalition of Aditya Birla groups Idea Cellular and Vodafone India will have the biggest of both 3G and 4G networks in the country. Their further added to the statement that the partners will be in a better place to compete with Reliance Jio and Bharti Airtel.
Aditya Birla Group’s Chairman Kumar Mangalam Birla mentions that the hook up of Idea and Vodafone will not only transform the Indian population's lifestyle but will also make the digital vision of the government a reality.