Vodafone, Idea merge to create India's largest telecom player

Vodafone, Idea merge to create India's largest telecom player

Photo: REUTERS/Danish Siddiqui

India’s Idea Cellular Ltd and Vodafone India Ltd on Monday said that their respective boards have approved their merger, excluding Vodafone’s 42% stake in Indus Towers Ltd, to create India’s largest telecom company with a total revenue of over Rs80,000 crore.

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