Vodafone Idea

YET TO ACHIEVE PROFITABLE CONNECTIVITY

Looking at the company’s solvency and liquidity position, it has significant amount of liabilities which are greater than the assets, making the shareholders’ equity negative 

Vodafone Idea Limited, a collaborative endeavour between the esteemed Aditya Birla Group and the globally recognised Vodafone Group, commands a prominent position as India’s foremost telecommunications service provider. In March 2017, it was announced that Vodafone India and Idea Cellular would merge. The merger got approval from the Department of Telecommunications in July 2018. On August 30, 2018, the National Company Law Tribunal gave the final nod to the Vodafone-Idea merger, which was completed on August 31, 2018, and the new entity was named Vodafone Idea Limited.