Merger News
-
Vodafone Idea reports Rs. 4,882 crore loss: Here are the details
India's largest telecom operator Vodafone Idea Ltd (VIL) posted a consolidated net loss of 4,881.9 crores for the fourth quarter from Rs. 5,004.60 crore loss in the previous quarter. However, the...
May 14, 2019 | Telecom News -
Vodafone Idea launches six Active Recharge prepaid plans starting Rs. 25
Soon after the merger, Vodafone Idea Limited has introduced six new prepaid plans called Active Recharges. These plans are priced between Rs. 25 and Rs. 245 and are meant for the prepaid...
September 25, 2018 | Telecom News -
Vodafone India completes merger with Idea Cellular
Vodafone India today said that it completed its merger Idea Cellular to create the largest telecom company in the country. Kumar Mangalam Birla, Chairman Aditya Birla Group, and Vodafone Idea...
August 31, 2018 | Telecom News -
Atos to acquire Syntel for $3.4 billion
French IT services group Atos and Syntel have entered into a definitive merger agreement under which former will acquire latter for cash consideration of $3.4 billion i.e. $ 41.0 per share. This...
July 23, 2018 | News -
T-Mobile and Sprint Merger: To create enterprise value of $146 billion
T-Mobile and Sprint Corporation has announced that they have entered into a definitive agreement to merge in an all-stock deal, which would create enterprise value of approximately $59 billion for...
April 30, 2018 | Mobile News -
Vodafone-Idea Merger: May lead to massive job losses, says a report
Another shock for the industry, as the merger between India's second and third telecom service provider (Vodafone- Idea Cellular) may lead to massive job losses, ET reported. "The retrenchment has...
April 16, 2018 | Telecom News -
Vodafone-Idea Merger: DOT may approve by the end of this month
The telecom ministry is likely to approve the merger between Idea Cellular and Vodafone India by the end of this month, ET reported. The report said that "The final approval should come within this...
April 6, 2018 | Telecom News -
Kumar Mangalam Birla to lead the merged entity
Idea Cellular and Vodafone Group Plc on Thursday announced the proposed leadership team of the combined business, that will have Kumar Mangalam Birla as the non-executive Chairman, while Balesh...
March 23, 2018 | Telecom News -
Reliance Communication completes merger with SSTL
Debt-laden Reliance Communications has completed a merger of Sistema Shyam Teleservices Ltd's (SSTL) telecom business with itself. RCom also said that the Board also approved the issuance of shares...
November 1, 2017 | Telecom News -
DOT approves RCOM -SSTL merger
The telecom ministry has finally cleared the merger between Anil- Ambani owned Reliance Communications and Sistema Shyam Telecom Limited (SSTL), ET reported. According to the report, the ministry...
October 23, 2017 | Telecom News -
CCI approves Airtel & Telenor India merger
India's largest telecom service provider Bharti Airtel said that Competition Commission of India( CCI) has approved the proposed merger of Telenor ( India) Communications Private Limited with the...
June 7, 2017 | Telecom News -
Verizon to form ‘Oath’ after merging Yahoo and AOL
Yahoo and AOL, the two biggest companies which ruled the internet world once upon a time, will be merged together to form a new brand by name 'Oath'. Yes, as they saw a huge fall in the...
April 4, 2017 | Internet News
