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Vodafone India-Idea Cellular merger deal gets CCI approval

The deal was announced in March last year.
DNA

CCI approves $23 billion Vodafone India-Idea deal

MUMBAI (Reuters) - India's antitrust regulator has approved the merger of Vodafone Group Plc's Indian unit with Idea Cellular, a lawyer representing Vodafone in the matter said on Monday.
Reuters India Also reported by •Sify

Videos for "Idea Cellular"

News video: Indian costs Vodafone dear but operator promises its cash flow will jump

Indian costs Vodafone dear but operator promises its cash flow will jump 00:35

There was mixed news from British mobile phone operator Vodafone on Tuesday It reported a 6.1 billion euro loss for the year to the end of March but at the same time forecast a jump in the amount of..
Source: Euronews English -

News video: Vodafone, Idea Deal Will Create India's Mobile Leader

Vodafone, Idea Deal Will Create India's Mobile Leader 03:12

Mar.20 -- Vodafone agreed to merge its unit in India with Idea Cellular, joining forces with a local partner to confront a raging price war in the world’s second-largest mobile-phone market...
Source: Bloomberg Global Business -

News video: Vodafone to merge Indian business with local rival Idea

Vodafone to merge Indian business with local rival Idea 00:45

A huge telecoms merger has been announced in India. Britain’s Vodafone is joining with Idea Cellular in a deal worth the equivalent of 21.3 billion euros. Together they will become India’s biggest..
Source: Euronews English -

News video: Vodafone, Idea in $23bln Indian merger

Vodafone, Idea in $23bln Indian merger 01:08

Britain's Vodafone Group and Idea Cellular have agreed to merge their Indian operations in a $23 billion deal, creating the country's biggest telecoms business after the entry of a new rival sparked a..
Source: Rumble -

News video: Uber executives, Vodafone deal

Uber executives, Vodafone deal 01:07

Monday's top stories from the FT
Source: Financial Times Studio -

 

CAG call: 6 telecom majors hid revenues

Six private telecom operators, including Bharti Airtel, Vodafone, and Idea Cellular, understated revenues by over Rs 61,000 crore over a period of five years, resulting in short payment of nearly Rs..
DNA

Trai rejects proposal on floor price for voice, data services

The Telecom Regulatory Authority of India (Trai) on Friday rejected the proposal of some of the telecom service providers, mostly incumbent players, to fix a floor price for both voice and data..
Deccan Herald

Six telcos understate revenues by Rs 61k crore: CAG

The Comptroller and Auditor General (CAG) on Friday said that private telecom firms including Bharti Airtel, Vodafone and Idea understated revenues to the extent of Rs 61,064.5 crore during 2010-11 and..
Deccan Herald

Six telcos underreported revenue by Rs 61,064.5 cr: CAG

For five operators -- Bharti Airtel, Vodafone India, Idea Cellular, Reliance Communications and Aircel -- the period of audit pertains to 2010-11 to 2014-15.
DNA

Airtel, Idea plunge on RIL&#039;s JioPhone announcement

Stocks of telecom operators Bharti Airtel and Idea Cellular tumbled after industrialist Mukesh Ambani-led Reliance Industries (RIL) on Friday announced the launch of the JioPhone `intelligent..
Zee News

Six telcos understated revenues by over Rs 61,000 cr: CAG

Bharti Airtel, Vodafone, Idea and three other private telecom firms understated revenues by more than Rs 61,000 crore over five years, resulting in short payment of nearly Rs 7,700 crore in statutory..
Deccan Herald

No need for floor price for telecom services as of now: Trai

Telecom regulator Trai today said the industry has reached a consensus that there is no need for a floor price for telecom services as of now. Telecom Regulatory Authority of India Chairman R S..
Deccan Herald

BUZZ-India's Bharti Airtel, Idea fall; Reliance launches low-cost phone

** Shares of telecom operators Bharti Airtel Ltd and Idea Cellular Ltd fall as much as 4.1 pct and 7.3 pct, respectively
Sify

Telecom firms' battle over interconnect charges intensifies

In a new twist, Cellular Operators Association of India (COAI) has accused Telecom Regulatory Authority of India (Trai) of acting in undue haste to conclude the review process for interconnection usage..
DNA

Airtel, Vodafone, Idea Cellular’s new demand to TRAI may increase call rates

Bharti Airtel and Idea Cellular today sought doubling of interconnection usage charge (IUC), a key input for mobile rates, saying that incoming calls to their networks cost 30 paise per minute to..
BGR India

Major telcos push for doubling mobile call termination charge

Bharti Airtel and Idea Cellular today sought doubling of interconnection usage charge (IUC), a key input for mobile rates, saying that incoming calls to their networks cost 30 paise per minute to..
DNA Also reported by •Deccan Herald

AB Nuvo transfer entire stake in Idea Cellular to Grasim

Aditya Birla Nuvo has transferred its around 23 per cent stake in Idea Cellular to subsidiary firm Grasim Industries.
DNA

Reliance Jio continues steady growth, adds 4.58 million subscribers in May

Reliance Jio is growing faster than any other telecom operator in terms of users. TRAI data reveals that Jio added 4.58 million subscribers in May — more than double that of market leader Bharti..
BGR India


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