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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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Vodafone merges with rival to create India's largest phone network

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Vodafone’s India arm has merged with rival Idea Cellular to form the largest cellular service network in India.

The joint entity will have a subscriber base of nearly 400 million and a revenue market share of 41 percent, according to reports.

India with over a billion mobile connections is presently witnessing a telecom war  triggered by Reliance Jio, a low-cost 4G network started by the country’s richest man, Mukesh Ambani.

Jio, which claims to be offering the cheapest mobile data in the world, has lured 100 million customers in super-quick time, sending shivers down the spine of its peers.  Read more…

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India's Reliance Jio snags 72.4 million 4G LTE subscribers in just 4 months

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The telecom operator owned by India’s richest man continues to win over half-a-million subscribers each day.

The 4G LTE-only Reliance Jio from India’s largest industrial house Reliance Industries Limited (RIL) has revealed it has over 72.4 million subscribers on its network. 

The feat comes just four months after the service was launched to the public. The company said it is seeing over 600,000 subscribers join its network every day, at a pace that it claims surpasses the likes of Facebook, WhatsApp and Skype. Read more…

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