Vodafone India completes merger with Idea Cellular

Telecom Industry NewsComments are off for this post.

You Are Here:Vodafone India completes merger with Idea Cellular

(Telecompaper) Vodafone Group has announced the completion of the merger between Vodafone India and Idea Cellular, first announced in March 2017, after receiving all regulatory approvals. The combined entity will be renamed Vodafone Idea and will remain listed on the Indian stock exchanges, Vodafone said. Vodafone Idea is jointly controlled by Vodafone and the Aditya Birla Group. The chairman of the Board of Vodafone Idea is Kumar Mangalam Birla, and the board has appointed former Vodafone India COO Balesh Sharma as the CEO.
Source: Industry News (syndicated from Telecompaper.com)