Vodafone mulls merger plans in India; Jio, Idea likely options

Vodafone India may be looking to merge with either Ambani-led Jio or Idea Cellular. Industry experts feel a merger with the latter is more likely.

January 09, 2017 / 16:06 IST

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Moneycontrol BureauVodafone's India wing may be looking to merge with one of the frontrunners in the Indian telecom space in the wake of fierce competition from new entrant Reliance Jio, reports Mint.Vodafone India may be looking to merge with either Mukesh Ambani-led Jio or Idea Cellular. Industry experts feel a merger with the latter is more likely.But considering the size of Vodafone India, experts feel it will more likely opt for a full blown buyout rather than a merger. This news comes amidst expectations of a possible consolidation in the industry with less significant players. Disclosure: RIL, which owns Reliance Jio, also owns Network18 and moneycontrol.com.

first published: Jan 9, 2017 09:57 am

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