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Vodafone Idea, in acronym Vi, is an Indian telecommunications company, headquartered in Mumbai and Gandhinagar. [ 7 ] [ 8 ] [ 9 ] It is an all-India integrated GSM operator offering mobile telephony services.
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It was announced in March 2017 that even Idea Cellular and Vodafone India would be merged. The merger got approval from Department of Telecommunications in July 2018. On August 30, 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger [ 1 ] The merger was completed on 31 August 2018, and the newly merged entity was ...
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The stock of Vodafone Group PLC (NAS:VOD, 30-year Financials) gives every indication of being fairly valued, according to GuruFocus Value calculation.
Vodafone pledged a £11 billion investment in 5G if the merger was approved, asserting the merger would strengthen competition. [51] In November 2024, the CMA provisionally concluded that the Vodafone and Three Merger could go ahead, if both companies made price promises for consumers and committed to boosting the UK's 5G rollout. [52]
The merger was approved by Bharti Infratel's board on 1 September, and by Vodafone Group in October 2020. [20] The merger was completed on 19 November 2020. Vodafone Idea received ₹ 3,760.1 crore (US$430 million) as compensation for its 11.15% stake.