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Vodafone India confirms it is merging with Idea Cellular to form India’s largest telco

 Vodafone India has confirmed that it has reached an agreement to acquire rival Idea Cellular. The deal, which is being painted as a merger, will create India’s largest operator with some 377 million customers. The company revealed it was in talks with Idea Cellular over a deal in January, and the coming-together was announced today. Subject to the relevant approvals, it is expected… Read More

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India’s top mobile operator Airtel is buying smaller rival Telenor

bharti-airtel Less than a month after Vodafone confirmed it is in talks to merge with Idea Cellular and create India’s largest mobile operator, one piece of M&A has been confirmed in that space. Bharti Airtel has gobbled up smaller player Telenor India in a deal announced today. The Airtel-Telenor deal is subject to regulatory approvals, but both sides said it should be completed within the next… Read More

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