Vodafone and Idea Join Hands To Fight Reliance Jio.
On 30th January 2017, Vodafone has confirmed the merger with Idea mobiles on a press meet. Aditya Birla has approved the deal after Vodafone has contacted them to Take on Reliance Jio.
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The merged Vodafone and Idea holds the shares of the largest telecom operator in India. It currently holds 43% of the shares in India.
The second largest, after this merger would be Airtel that holds 33% of the shares. A significant competition is expected between Reliance Jio in terms of offers and plans.
Jio Impact: Vodafone & Idea Merge has been confirmed
After this merger, a significant change in the telecom services in India is expected. Analysts argue that the merger would set a new trend in terms of telecom services in India. It might be as good as a revolution in the telecom sector.
Reliance Jio would equally contribute with unbelievable offers and packages. Ultimately, these would be a great and lead to greater benefits for the end user – public.
As of now, Vodafone has about 200 Million users in India. Idea mobile has about 187 Million users.
The merger of the two giants would definitely shoot their position to the leading largest telecom operator in India
Reliance Jio Has Promising Growth – 100 Million Users On Board By March 2017
As of data collected in January 2017, Jio has an astounding 80 Million users. In a short span of time, there have been many people who have started using Reliance Jio for its incredible offer. Reliance Jio aims to have 150 Million users by the end of December 2017.
Their New Year Welcome plan has been extended up to March 2017 to lure more customers with the attractive offers.
Jio is confident that the package and plans that they have in place after the offer period will retain their customer base as it would be the cheapest package in India.