Vodafone, Idea, BSNL & Airtel all are cornered by Reliance Jio. Airtel is trying hard to compete with Reliance Jio & rest of the Service providers are struggling. At this moment merging of Vodafone & Idea will give them a fighting position.
Searching for News in Short Website? Headline Authority is the right place for you.
The main reason for this merging is that the places where Idea is leading Vodafone is falling behind & vice-versa. So after getting merged it will help them to cover their weak areas & have a grip over this silent telecom war.
Headline Authority is the leading News in short Website.
“Don’t expect any reduction in the market competition in medium term, as large telcos would continue to keep the intensity high. However, in the long term this consolidation would restore some pricing power and give better bargaining terms with vendors and suppliers.The industry will be left with five major players namely -Vodafone-Idea, Bharti Airtel, Reliance Jio, RCom-Aircel-Sistema and BSNL plus MTNL,” Harsh Jagnani, VP, sector head, Icra, said.
What do you think of Vodafone-Idea Merging? Drop down your comments below & Stay tuned with the best News in short Website. We reviewed Moto G5 Plus, Read Now!