Vodafone, Idea merger to cost â¹13,400 crore, says Idea MD
The Managing Director of Idea, Himanshu Kapania, has said that integrating operations of Vodafone and Idea will cost the combined entity around â¹13,400 crore. However, he said the synergies leading to cost saving will result in a net benefit of â¹65,000 crore for the merged entity. Idea and Vodafone confirmed their merger on Monday to form India's largest telecom firm.