Kumar Mangalam Birla to be Chairman of Vodafone-Idea entity
Following the announcement of the merger between Vodafone India and Idea, Kumar Mangalam Birla has been appointed as the entity's Chairman. "I am pleased and honoured to be the chairman of the new company," he said. The new entity is expected to create India's largest telecom operator. The merger reportedly values Vodafone at $12.4 billion and Idea at $10.8 billion.