Vodafone Idea News

Gov against the merger of beleaguered Vodafone Idea with BSNL-MTNL

Gov against the merger of beleaguered Vodafone Idea with BSNL-MTNL

New Delhi: The government is against the merger of Vodafone Idea in crisis with the state-owned BSNL and MTNL. The stand comes weeks after industrialist Kumar Mangalam Birla had said that he is “willing to hand over” his 27% stake in the crippled telco to “any entity — public sector/government/domestic

Merger with BSNL may save Vodafone Idea from going bankrupt: Deutsche Bank

Merger with BSNL may save Vodafone Idea from going bankrupt: Deutsche Bank

Kolkata: The government must back state control of Vodafone Idea (Vi) by quickly merging it with Bharat Sanchar Nigam (BSNL) and recapitalise the cash-strapped telecom operator to save it from going bankrupt, especially after the Supreme Court ruled out any relief on its huge adjusted gross revenue (AGR) dues, brokerage