Today’s Deals – Vodafone is in talks to merge with Idea and create India’s largest telco

vodafone-india Vodafone has confirmed that it is in discussions over a merger deal that could create India’s largest telecom operator.
In a statement to the London Stock Exchange, the telecom giant said it is in talks with Aditya Birla Group, the group that owns Idea Cellular, over a deal.
“Any merger would be effected through the issue of new shares in Idea to Vodafone and would result in… Read More

from TechCrunch

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