Vodafone India nearing initial agreement for merger with Idea Cellular

Vodafone India nearing initial agreement for merger with Idea Cellular

REUTERS/Babu/Files

Vodafone Group Plc is nearing an initial agreement to merge its Indian operations with Idea Cellular Ltd, in a deal that would create the largest telecom company in one of the world’s most competitive markets, people with knowledge of the matter said.

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