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In March 2017, it was announced that Vodafone India and Idea Cellular would merge. The merger got approval from the Department of Telecommunications in July 2018. On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger. [16] It was completed on 31 August 2018, and the new entity was named Vodafone Idea.
Vodafone pledged a £11 billion investment in 5G if the merger was approved, asserting the merger would strengthen competition. [51] In November 2024, the CMA provisionally concluded that the Vodafone and Three Merger could go ahead, if both companies made price promises for consumers and committed to boosting the UK's 5G rollout. [52]
It was announced in March 2017 that even Idea Cellular and Vodafone India would be merged. The merger got approval from Department of Telecommunications in July 2018. On August 30, 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger [ 1 ] The merger was completed on 31 August 2018, and the newly merged entity was ...
The stock of Vodafone Group PLC (NAS:VOD, 30-year Financials) appears to be fairly valued, according to GuruFocus Value calculation.
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On 5 December, Vodafone Group Plc sold the remaining 3.05% stake permanently exiting the company. The stake sale will be used to pay $101 million owed to indian banks & the remaining money will be used to subscribe to preferred shares of Vodafone Idea which will be used to reduce vi's outstanding debt with Indus Towers.
The stock of Vodafone Group PLC (NAS:VOD, 30-year Financials) gives every indication of being fairly valued, according to GuruFocus Value calculation.
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