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Vodafone to merge in India

30 Jan 2017 12:00 AM | Anonymous

Vodafone is to merge with rival Idea Cellular in India to combat the volatile telecoms market in the country. A new operator (Jio Infocomm) is causing ruptures in the industry by offering customers new packages to include more free features. Vodafone’s stock rose on the news but analysts warn that the company may have to face extra costs after a write-down of its Indian business last year. Click here to learn more.

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