In an extraordinary general meeting(EGM) on June 26, 2018 The board of Idea Cellular has approved changing the name of ‘Idea Cellular Limited’ to ‘Vodafone Idea Limited’, as the merger of India's second and third ranked telco nears completion.
Also it will raise Rs. 15,000 crore to pare debt and fight with the aggressive Jio.
The combined entity Vodafone Idea will be India's biggest Telco after the merger. There will be 4 way fight Vodafone idea, Airtel, Jio and the Government owned BSNL & MTNL.
The new ranking will be
VodafoneIdea
Airtel
Jio
BSNL
MTNL
Idea twitter account is not posting anything since February 22 2018. While Vodafone twitter account is active. It was presumed Idea name might not be used. But since idea brand name is quite recognizable in rural area )Vodafone Idea" name will be continued.
Now it has to be seen whether the new entity will have a new logo or a mix of Vodafone and Idea logo.
Also it will raise Rs. 15,000 crore to pare debt and fight with the aggressive Jio.
The combined entity Vodafone Idea will be India's biggest Telco after the merger. There will be 4 way fight Vodafone idea, Airtel, Jio and the Government owned BSNL & MTNL.
The new ranking will be
VodafoneIdea
Airtel
Jio
BSNL
MTNL
Idea twitter account is not posting anything since February 22 2018. While Vodafone twitter account is active. It was presumed Idea name might not be used. But since idea brand name is quite recognizable in rural area )Vodafone Idea" name will be continued.
Now it has to be seen whether the new entity will have a new logo or a mix of Vodafone and Idea logo.
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