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January 30, 2017 10:12 am GMT

Vodafone is in talks to merge with Idea and create Indias largest telco

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

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