The amalgamation of the two telecom giants will put them in a better position to contest a brutal new price war.
Idea-Vodafone merger: According to reports, Vodafone India has insisted on retaining the CEO and CFO positions.
Vodafone India reported a 5 per cent jump in total revenue at Rs 44,490 crore for the fiscal ended March 31, on the back of data growth and customer additions, on Tuesday.
Centre is right to accept Bombay HC Vodafone judgment. It must resolve other outstanding disputes.
Pieters, the longest serving CEO of a telecom firm in the country, will step down from April 1.
The Bombay High Court has ruled in favour of Vodafone India…
A major tiff is brewing between the country’s top two telecom operators – Bharti Airtel and Vodafone India…
Process can be made easier by pruning few things: Vodafone India CEO.
Vodafone India revenue in terms of GBP, however, declined by about 6 per cent due to about 17 per cent dip in value of the rupee against British pound.
Vodafone had in November last year reduced rates by up to 80% to 2 paisa per 10 KB.
Vodafone is facing tax claims and interest totalling more than Rs 27,000 crore in India.
IPO plans still on, says CEO Marten Pieters.
Vodafone will be the first foreign carrier to take full control of an Indian telecom firm since the government removed a 74% cap on foreign ownership in the industry last year.
Piramal deal is part of Vodafone’s plan first announced last October to take full control of the unit for a total 101.41 billion rupees.
Average charges of Bharti Airtel and Vodafone India could drop.