DoT is seeking legal opinion on the Vodafone-Idea Cellular merger in respect to Vodafone's administratively allocated spectrum holdings, according to industry sources.
Idea Cellular today said it rolled out VoLTE service across all its 20 4G circles, by adding five more-- Himachal, Odisha, Assam, Northeast and Jammu & Kashmir to the high speed network.
DoT will seek a bank guarantee of around Rs 2,100 crore for clearing Idea Cellular's planned merger with Vodafone India, a government source said.
Vodafone India said it has launched 4G services at Kedarnath to provide high-speed connectivity to its users visiting the holy shrine in Uttarakhand.
Vodafone India and Idea Cellular have announced appointment of nine executives each from their teams as circle heads for the merged entity, which is proposed to operate as Vodafone Idea Limited.
UK’s share index held steady following a delayed open as stocks trading ex-dividend outweighed a rise among banks and big oil, while a stronger pound also added pressure.
To meet the increasing mobile data demand in the country, Vodafone India announced it will deploy Nokia's field-proven cloud packet core to cost-effectively provide faster mobile broadband.
Idea Cellular said the DoT has approved raising the foreign direct investment limit in the company to 100 percent, putting its merger deal with Vodafone in the last leg of regulatory clearance.
Airtel and Idea jointly added over one crore mobile subscribers while Vodafone lost over 6.64 lakh customers in Apr 2018, according to data released by the COAI.
Idea Cellular proposed a new name for the combined entity as "Vodafone Idea Ltd" post its merger with Vodafone India, the Aditya Birla Group firm said.
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