Mar 20, 2017

Birla Says No Major Downsizing After Merger With Vodafone: 10 Points – NDTV Profit

Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations to create the country's biggest telecoms business. The merger attempts to contest a brutal price war sparked by new rival, Mukesh Ambani's Jio. "The combined company would become the leading communications provider in India with almost 400 million customers, 35 percent customer market share and 41 percent...

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