Mumbai: Aditya Birla Group Chairman Kumar Mangalam Birla will be the Non-Executive Chairman of the merged company which will combine the business of Vodafone India and Idea Cellular. According to a BSE filing by Idea Cellular on Thursday, the current Chief Operating Officer of Vodafone India Balesh Sharma will become the[Read More…]
Tag: Idea Cellular
Idea cellular suspends interconnect services with Aircel
New Delhi: Telecom service provider Idea Cellular on Wednesday said it has suspended interconnect services with Aircel due to non-payment of dues. “Despite several reminders for releasing the dues since November 2017, the operator has failed to meet its payment commitments forcing Idea to suspend interconnect services, as per the terms[Read More…]
Idea-Vodafone merger to become world’s 2nd largest telecom company
Vodafone India and the Kumar Mangalam Birla-owned Idea Cellular would merge to create the country’s biggest phone company by subscribers, giving a tough fight to Bharti Airtel. The fresh Rs 1.55 lakh crore entity will also be the world No. 2 after China Mobile. Under the merger, both the company[Read More…]