Vodafone Idea Merged : News & Updates

[Sam7795]

https://twitter.com/x/status/919779590133788674

Source

 

[thisisjagan]

both with each other with same amount of share holding and voting rights

Are you sure bro. Vodafone seems to be having higher share.

Edit:

Post completion of the deal, the UKbased telco will own 45.1% in the merged entity while Idea's parent will have 26% after paying Rs 3,874 crore cash for a 4.9% stake. The remaining 28.9% will be held by other shareholders. Idea shares increased 5.91% to Rs 78.9 on the Bombay Stock Exchange on Friday.

Source:Idea shareholders okay Vodafone merger

 

[Sarkar]

Are you sure bro. Vodafone seems to be having higher share.

Edit:

Post completion of the deal, the UKbased telco will own 45.1% in the merged entity while Idea's parent will have 26% after paying Rs 3,874 crore cash for a 4.9% stake. The remaining 28.9% will be held by other shareholders. Idea shares increased 5.91% to Rs 78.9 on the Bombay Stock Exchange on Friday.

Source:Idea shareholders okay Vodafone merger

That's was in the initial phase but idea has the option to buy share from voda at fixed price and make Equal share and if idea don't do it then Voda will sell their share to make it equal to idea. Also there is equal voting rights during this phase though Voda will have higher share

 

[Sam7795]

Idea Cellular expects to ink 4G ICR arrangements with Vodafone, to launch VoLTE in 2018 - ET Telecom

 

[Anup Tiwari]

NCLT approves Idea-Vodafone merger proposal; shares erase losses
National Company Law Tribunal’s Ahmedabad bench approved the merger plan between Vodafone and Idea Cellular.

“We wish to inform you that the Hon’ble National Company Law Tribunal, Bench at Ahmedabad, vide its order dated 11th January, 2018, has sanctioned the Composite Scheme of Amalgamation and Arrangement among Vodafone Mobile Services Limited and Vodafone India Limited and Idea Cellular Limited and their respective shareholders and creditors under Sections 230 and 232 and other applicable provisions of the Companies Act 2013,” Idea Cellular said in a BSE filing.

“Considering the entire facts and circumstances of the case and on perusal of the Scheme and the proceedings, it appears that the requirements of the provisions of sections 230-232 of the Companies Act, 2013 are satisfied. The scheme is genuine and bona fide and in the interest of the shareholders and creditors,” NCLT said on Thursday.

Idea shares erased losses and rose as much as 2.9% on BSE Sensex. Shares closed up 1.35% o

 

[nambbus]

Bro, there's a common thread for this !dea - vodafone merger discussion.. Vodafone Idea Merger : News & Updates

 

[nambbus]

The $23 billion merger deal between the two operators was estimated to come to a close in the first half of 2018 as per the above news (Post # 95) from Zee Business. Hoping the best..

 

[Sai Jai]

Idea Cellular, Vodafone may start operating as one entity from April

 

[D. J. Das.]

After meger, how they provide network?? Idea Vodafone or Vodafone Idea or Vodaidea?? One more question, where idea network not available but Vodafone available, there customers can use idea sim with the help of Vodafone tower??

 

[nambbus]

I think '!dea' brand name with Vodafone logo with combined network connectivity.