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NCLT approves Idea Cellular-Vodafone India merger

Sunday 14 January 2018 | 14:24 CET | News
The National Company Law Tribunal (NCLT) has approved Idea Cellular's proposed merger with Vodafone Mobile Services and Vodafone India, The Economic Times reports. "The scheme is genuine, and in the interest of the creditors and the shareholders", said the Ahmedabad bench of NCLT. Vodafone is awaiting approval from tribunal's Mumbai bench.

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