The recent talk about Idea and Vodafone merger is confirmed today by Vodafone. Vodafone spoke to Aditya Birla group and approved the deal.
Now the company will be the largest telecom operator in India with 43% share whereas Airtel holds 33% of the share. It will give a significant competition to Reliance Jio free offers and attractive plans.
Vodafone and Idea merge confirmed
With the confirmation about Vodafone to be merged with Idea, Analyst says it will bring good revolution in the telecom industry.
Reliance Jio will announce much cheaper plans to keep its users happy. All this will lead to benefit the telecom users.
Vodafone has 202 Million users and Idea has 187 Million users. When merged it will become the India’s largest telecom operator.
Reliance Jio 100 Million users
Reliance Jio aims to grow 100 Million users by March 2017. The company has already achieved 80 Million by January 2017.