December 6, 2020 3:18 am

Tag: Voda-Idea Merger

Voda-Idea merger to create Rs 80,000 cr revenue firm

The proposed merger of telecom operators Vodafone and Idea Cellular will create an entity with revenue of around Rs 80,000 crore and the move will be credit positive for the sector, India Ratings and Research said.

Voda-Idea merger to boost margin; credit positive, says India Ratings

The proposed merger between Vodafone and Idea Cellular is a credit positive for the telecom sector and will push the combined entity's margins up by around 3 percentage points on cost synergies, India Ratings said.
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