Last Updated : Apr 18 2019 6:23PM     Screen Reader Access
News Highlights
Voting held for 2nd phase of Lok Sabha elections            Nomination for 5th phase of Lok Sabha elections to end this evening            Political leaders holding election rallies in different parts of the country            Delhi court rejects interim bail plea of Christian Michel            IPL: Delhi Capitals to fight against Mumbai Indians in New Delhi tonight           

Business News

Jul 11, 2018
9:10PM

Govt approves Idea Cellular and Vodafone India merger

Telecom Minister Manoj Sinha today said that the Government has approved the Idea Cellular and Vodafone India merger but the companies need to complete some formalities for the final closure of the deal.

The combined operations of Idea and Vodafone will create the country's largest telecom operator worth over over 1.5 lakh crore rupees, with a 35 per cent market share and a subscriber base of around 430 million.Debt-ridden firms Idea and Vodafone India are in process of merging their businesses in India as it is expected to bring down cost of their operations and give them relief from cut-throat competition in the market where margins have hit rock bottom with free voice calls

With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.  The combined debt of both the companies is estimated to be around Rs 1.15 lakh crore.

   Related News

PM’s Exclusive Interview to DD News

Live Twitter Feed

Listen News

Morning News 18 (Apr) Midday News 18 (Apr) News at Nine 17 (Apr) Hourly 18 (Apr) (1800hrs)
समाचार प्रभात 18 (Apr) दोपहर समाचार 18 (Apr) समाचार संध्या 17 (Apr) प्रति घंटा समाचार 18 (Apr) (1805hrs)
Khabarnama (Mor) 18 (Apr) Khabrein(Day) 18 (Apr) Khabrein(Eve) 17 (Apr)
Aaj Savere 18 (Apr) Parikrama 18 (Apr) Lok Ruchi Samachar 14 (Apr)

Listen Programs

Market Mantra 17 (Apr) Samayki 17 (Apr) Sports Scan 17 (Apr) Spotlight/News Analysis 17 (Apr)
    Public Speak

    Country wide 28 (Mar) Surkhiyon Mein 4 (Apr) Charcha Ka Vishai Ha 17 (Apr) Vaad-Samvaad 16 (Apr) Money Talk 16 (Apr) Current Affairs 22 (Mar)