30-08-2018 18:13 via uk.news.yahoo.com

Idea and Vodafone's India deal edges closer to completion - source

Idea Cellular and Vodafone have cleared the last regulatory hurdle to merge their operations in India, a source told Reuters, opening the way for the creation of a new market leader in the fiercely competitive country.Vodafone, the world's second biggest mobile operator, entered India in 2007 amid much fanfare but has struggled almost since its arrival due to the extremely low pricing and a long-running tax battle.The two groups announced the deal in March last year to create a player with a com
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