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Songs Vodafone Idea Brand New Theme
The finalized merger of Idea Cellular and Vodafone is the largest M & A transaction in the country. Reliance Jio, the Indian arm of British group Vodafone Plc, and telecommunications company Kumar Mangalam Birla have decided to join forces to tackle growing competition in the telecommunications sector. In the last few months alone, we have seen that the number of players on the ground is decreasing with two shutdown operations of telcos-RCom and Aircel. Under these conditions, the merger of Vodafone and Idea Cellular is a last nail in the coffin when it comes to consolidation in the sector. With only three major players in the sector, I think there will be some concern about the strong competition. The combined synergies of the two companies would be around $ 10 billion over the next three years. This combined cash reserve and workforce will be the weapon of Vodafone-Idea against Reliance Jio and Bharti Airtel. Read on to find out what we think are the main obstacles to Vodafone-Idea in the months following the merger
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