Vodafone, Idea submit to DoT demand, pay Rs 7,268 crore
Vodafone India and Idea Cellular have paid the Department of Telecommunications ( DoT)Rs 7,268 crore that was sought as a key condition for approving their merger, thereby clearing the final obstacle in the largest M&A in the sector which will create India’s biggest telecom operator.
“With this we hope to get final approval from DoT for the merger at the earliest,” the idea's spokesperson added.
Vodafone, Idea submit to DoT demand, pay Rs 7,268 crore - ET Telecom