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Wireless

Idea Cellular to rebrand as Vodafone Idea following merger

Monday 4 June 2018 | 11:52 CET | News
The broad of directors of Indian mobile operator Idea Cellular has called for an extraordinary general meeting on 26 June to approve changing the name of 'Idea Cellular' to 'Vodafone Idea', as the merger between India's second and third largest operators nears completion, The Economic Times reports. At the meeting, shareholders will also discuss the board's plan to raise funds via nonconvertible securities of INR 150 billion, which may be used to repay debt.

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Categories: Mobile & Wireless
Companies: Idea Cellular / Vodafone India
Countries: India
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