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Vodafone has confirmed that it is in discussions over a merger deal that could create India’s largest telecom operator. In a statement to the London Stock Exchange, the telecom giant said it is in talks with Aditya Birla Group, the group that owns Idea Cellular, over a deal. Idea shares had surged 26.2 per …

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Reliance Jio

The Indian telecom regulator on Friday slapped heavy penalties on three operators — Bharti Airtel, Vodafone India and Idea Cellular for not providing sufficient points of interconnections (PoI) to Reliance Jio. It also said the action of the three operators showed “ulterior motive to stifle competition”. As per TRAI, Airtel …

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