Home Vodafone India, Idea Cellular in merger talks - report
 

Keywords :   


Vodafone India, Idea Cellular in merger talks - report

2016-08-25 08:18:00| Telecompaper Headlines

(Telecompaper) India's second- and third-largest mobile operators, Vodafone and Idea Cellular are in "exploratory" talks for a possible merger, unnamed sources told CNBC-TV18. However, a possible merger could infringe anti-trust regulations, as the combined entity would breach the 50 percent market share in a few circles. Idea rejected the report in a statement to the stock market, saying it was "absolutely untrue and preposterous". Vodafone India declined to comment on the matter.

Tags: report idea india cellular

Category:Telecommunications

Latest from this category

All news

»
23.11 #249
23.11muta5
23.1120
23.11BabolaT VS BUG4300 24ss
23.11
23.11 TYO26cm
23.112
23.11CW-X 2.0
More »