Vodafone merges with Idea Cellular to become India’s largest telecoms operator
Vodafone has confirmed plans to create the biggest telecoms operator in India following a “merger of equals” with Idea Cellular.
Talks of the deal, worth around $23 billion, were confirmed at the end of January. In a press release today, Vodafone confirmed the plans for its Indian subsidiary (excluding its 42% stake in Indus Towers) to progress the merger with Aditya Birla Group's Idea Cellular.
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