Merger of Idea Cellular and Vodafone India completed - creating India’s largest telecom service provider
Merger of Idea Cellular and Vodafone India completed - creating India’s largest telecom service provider · Idea Cellular (being renamed as ‘Vodafone Idea Limited’) – An Aditya Birla Group and Vodafone Group partnership - becomes operational as India’s leading telecom service provider with a subscriber base of over 408 million . New Board of Directors comprising 12 Directors (including six Independent Directors) constituted, with Mr. Kumar Mangalam Birla as the Chairman. The Board has appointed Mr. Balesh Sharma as the CEO. Growing broadband network (3G+4G) with over 340,000 broadband sites covering 840 million Indians. Largest voice network Large spectrum portfolio Telecom experts says that it will be a game changer in Indian Telecom Industry. Before this merger Airtel was India’s largest telecom service provider. This merger will give a tough competition to other telecom giants like Jio, Airtel, BSNL.
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