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Idea, Vodafone India Announce Merger, Making It Biggest Entity In Telecom Industry

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Idea Celluar’s Board has approved a merger with Vodafone India, making it the biggest telecom entity in the country. The merger is expected to be completed in 2018. According to a statement released, promoters of Idea and Vodafone will have the right to nominate three directors each. Idea will have its nominee as chairman while CFO will be from Vodafone’s nominee. Both CEO and COO will be a joint decision taken by both parties.———————————————————————————————Subscribe for more videos: http://goo.gl/RjJrX0Like us on Facebook: https://www.facebook.com/indianexpressFollow us on Twitter: https://twitter.com/indianexpressDownload the Indian Express app at http://indianexpress.com/apps/Watch more videos at http://www.indianexpress.com/videos

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idea vodafone merger idea cellular vodafone india vodafone idea cellular merger news indian express news business news
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