Aditya Birla Group chairman Kumar Mangalam Birla will be the non-executive chairman of the merged Vodafone-Idea entity. Kavita Nair, who is associate director (commercial operations) at Vodafone India, will lead digital transformation across all functions. Vodafone India CEO Sunil Sood will join Vodafone Group Plc’s Africa, Middle East & Asia-Pacific leadership team. On 4 January 2018, the promoters of Idea Cellular said they will invest Rs3,250 crore into the firm. Ltd, which has agreed to purchase a total 20,000 standalone telecom towers of Idea Cellular and Vodafone India for $1.2 billion.

Source: Mint March 22, 2018 13:40 UTC