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.
- 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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