All sets for the tug of war in indian Telecom sector
After several hectic discussions Aditya birla’s idea cellular and Britain's Vodafone subsidiary Vodaphone India has taken steps towards a mega merger.
Vodaphone world’s 2nd largest Cell Phone network operator has agreed to birla’s demand that Kumar magngalam birla as chairman for the new entity.
Both the companies will hold equal stake in new entity. And new entity will be holding highest number of subscriptions.
As this merger leads a big tug of war in the indian Telicom sector.