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Wireless

Indian regulator approves Idea Cellular - Vodafone India merger

Monday 30 July 2018 | 07:16 CET | News
India's Department of Telecommunications (DoT) has approved the proposed merger between Idea Cellular, Vodafone India and Vodafone Mobile Services. According to Axiata, the merged entity, Vodafone Idea will serve a customer base of 440 million, representing 39 percent of the total market share while its revenue market share is estimated to be at 37.5 percent. Its revenue is forecasted to be in excess of USD 10 billion.

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