Idea-Vodafone merger creates India’s largest Telco

Britain’s Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations to create the country’s biggest telecoms business in a bid to contest a brutal price war sparked by new rival Reliance Jio.

The combined Vodafone-Idea group would have almost 400 million customers, with an implied enterprise value of Rs. 82,800 crore for Vodafone and Rs. 72,200 crore for Idea.

Just after this news broke out, Tweeps started tweeting their concerns. Here are some of the best reactions:
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