Martin Pieters

As the market awaits the final structure of the mega merger between Idea Cellular and Vodafone, sources privy to recent developments tell CNBC-TV18 that both the telecom companies may be open to sell 15-20 percent in the merged entity to financial investors.

Ex-Idea MD, Sanjeev Aga steering merger with Vodafone: Sources

The deal that will translate into India's biggest telecom company, Idea and Vodafone's merger might be backed by old hands as sources tell CNBC-TV18 that former Idea MD Sanjeev Aga is believed to be aiding the merger talks with Vodafone.

Vodafone brings in former India MD to work on merger with Idea

British telecom major Vodafone has brought in Martin Pieters, former Managing Director and CEO of its Indian arm, to work on proposed merger of Vodafone India with Idea Cellular, sources said.

Have paid Rs 75,000 cr to govt in 5 years: Voda India CEO

Discussing his time in India, the recently-concluded spectrum auctions and hurdles faced by telecom companies, Vodafone India CEO Martin Pieters said the country has been a difficult place to do business.

Voda names Sunil Sood as India CEO; Pieters to step down

ieters, the longest serving Chief Executive Officer of a telecom firm in the country, will step down from April 1 and will be succeeded by Sood, presently COO of the company.

Interested to play a role in consolidation: Vodafone

Telecom Minister Kapil Sibal had previously stated that merger up to 35 percent market share of the resultant entity will be allowed through a simple and quick procedure but there may be a need to consider cases of merger beyond 35 percent.

Tax dispute a sideshow; won't impact India plans: Vodafone

Pieters says Vodafone is confident of investing in India and that the tax matter is just a side show.

Vodafone-Govt truce talks: Meeting 1 ends inconclusive

Vodafone and Government of India have initiated talks to bury the hatchet over the billion dollar tax dispute relating to the British firm's acquisition of Indian assets of Hutchison Whampoa. Both sides are keen on a settlement of the tax dispute.