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Vodafone Idea Merged : News & Updates

rahul1117kumar

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Vodafone India is mulling over a merger with one of the top telecom operators companies in India following intensified competition after the entry of Mukesh Ambani-led Reliance Jio Infocomm Ltd, The Telegraph reported.

The report said that the country's second largest telco is "weighing a potential merger of its Indian arm with rivals as it seeks a turnaround in the subcontinent’s cut-throat mobile market."

“Vodafone is now understood to be looking at the possibility of a tie-up with either Jio, or Idea, another of the top four providers. Jio and Idea could themselves combine, however,” the publication reported.

In September 2016, its parent invested Rs47,700 crore in the company, most of which was used to reduce its debt from Rs81,500 crore in March 2015 to Rs35,430 crore by the end of second quarter of 2016-17. In November, Vodafone’s parent cut the valuation of its Indian unit by €5 billion citing increased competition, which had caused its global loss to double. The telco also delayed its plan to launch an IPO to be listed on stock exchange in India.

Vodafone India had 200 million mobile customers at the end of September 2016. It logged a 2% decline in voice minutes, though data usage increased by 9.8% on a quarterly basis.

Meanwhile, India's leading telco, Bharti Airtel , is also said to be in advanced talks to buy Telenor's India business in a deal that will involve taking on debt of Rs 1,500 crore while allowing India's biggest telecom company to add to its 4G spectrum and be better placed to take on Reliance Jio Infocomm.

Vodafone India: Vodafone seeks merger with one of the top telcos in India: Report, Telecom News, ET Telecom
 

Sarkar

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RE: Vodafone seeks merger with one of the top telcos in India: Report

Bound to happen when Idea over took Voda in terms of data carrying capacity. This is what happens when u under estimate india  :lol
 

im_dude

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RE: Vodafone seeks merger with one of the top telcos in India: Report

We will now have the following merged company
Airtel/Telenor
Jio/Vodafone/Idea
Reliance/Mts/aircel
Bsnl/Mtnl
 

im_dude

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RE: Vodafone seeks merger with one of the top telcos in India: Report

I mean in future
 

Sarkar

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RE: Vodafone seeks merger with one of the top telcos in India: Report

im_dude said:
We will now have the following merged company
Airtel/Telenor
Jio/Vodafone/Idea
Reliance/Mts/aircel
Bsnl/Mtnl
Remove Jio from Vodafone and Idea as Mukesh Ji doesn't believe in Partnership he want full control  ;)
 

Sarkar

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RE: Vodafone seeks merger with one of the top telcos in India: Report

Exactly bro. But Vodafone has done mistake by not investing in 4G. They thought 3G will remain for at least 10 years

 

Gobinaath

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RE: Vodafone seeks merger with one of the top telcos in India: Report

thisisjagan said:
This is not good. Fewer players, less competition... Less competition, more charges...
Absolutly but dont worry jio is there to preasure them :lol:hehe:rofl;) ..
 

im_dude

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RE: Vodafone seeks merger with one of the top telcos in India: Report

Sarkar said:
Remove Jio from Vodafone and Idea as Mukesh Ji doesn't believe in Partnership he want full control  ;)
That might happen with jio aquiring voda+idea. This will give big brother network as customers.Jio on non volte phones work pathicly with jiovoice app.It is impossible to recieve calls if app is not used for sometime.
 

Bapun Raz

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RE: Vodafone seeks merger with one of the top telcos in India: Report

im_dude said:
We will now have the following merged company
Airtel/Telenor
Jio/Vodafone/Idea
Reliance/Mts/aircel
Bsnl/Mtnl
Bsnl-mtnl merger also not happening soon as managed by our govt. So it will take more years. They announced merge will happen in 2015 and we are in 2017 now but not yet merged.[GRINNING FACE WITH SMILING EYES]
 
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