Kumar Mangalam Birla could head Vodafone and Idea Combine
Thursday, February 9, 2017, 12:42 PM
Chairman of Aditya Birla Group, Kumar Mangalam Birla, could be appointed the chairman of the new telecom entity, created out of the proposed merger between Idea Cellular and Vodafone India. Both Companies are in discussion to form a joint business, in an all-share deal. This would create a stronger telco, able to take on market leader Bharti Airtel and new entrant, Reliance Jio Infocomm.