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Vodafone Idea, in acronym Vi, is an Indian telecommunications company, headquartered in Mumbai and Gandhinagar. [ 6 ] [ 7 ] [ 8 ] It is an all-India integrated GSM operator offering mobile telephony services.
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 ...
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Vodafone Group Plc (/ ˈ v oʊ d ə f oʊ n /) is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. [6] It predominantly operates services in Asia, Africa, Europe, and Oceania.
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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.
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Vodafone India was the Indian subsidiary of UK-based Vodafone Group and was a provider of telecommunications services in India with its operational head office in Mumbai. [2]As of March 2018, Vodafone India had a market share of 21%, [3] and with its merger with Idea, the collective Vodafone Idea network has approximately 375 million subscribers and is the third largest mobile ...