He urged the industry to work together in areas such as infrastructure but said he was strictly opposed to any cartelisation
The surge comes a day after the Union Government announced a slew of reforms for telecommunication sector including a four-year moratorium on payment of dues and allowing 100 percent FDI in the sector
The move is aimed at instilling investor confidence in the beleaguered company; Kumar Mangalam Birla had offered his stake in the Vodafone-Idea combine to the Government last month
According to PTI, the Union Cabinet is considering a relief package in the form a moratorium on payment on spectrum dues alongside revision of ADRs, spectrum charges and on unpaid dues
From bankruptcy to selling off of stakes to the government, rumours are abuzz about Vi. We tell the facts from the fake.
Mobile data charges in India are by far the cheapest in the world even as the demand for mobile data services continue to grow rapidly, the company said.
Kumar Mangalam Birla will be chairman of the new company that will have a 12-member board of directors.
Vodafone Idea is expected to have a subscriber base of over 400 million
The move comes just days after Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore 'under protest' to the Department of Telecom (DoT) for merging their mobile businesses.
The Department of Telecom gave conditional nod for merger on July 9 and asked the companies to meet the demand raised for taking merger on record.
Vodafone To Hold 47.5 % Stake In The Merged Entity
Many customers have complained that some operators have told them that their numbers would be disconnected if the verification is not "immediately completed".
India's Prime Minister Narendra Modi addresses the 76th Session of the U.N. General Assembly at United Nations headquarters in New York.Photo by AP/PTI
Prime Minister Narendra Modi addresses the 76th session of the United Nations General Assembly in New York.PTI Photo
India's Prime Minister Narendra Modi addresses the 76th Session of the U.N. General Assembly at United Nations headquarters in New York.Eduardo Munoz /Pool Photo via AP
Paramilitary jawans conduct a route march for Bhabanipur Assembly by-election, in Kolkata.PTI Photo
Punjab Chief Minister Charanjit Singh Channi meet Governor of Punjab Banwarilal Purohit ahead of the oath taking ceremony for the Punjab Cabinet expansion, in ChandigarhPTI Photo
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