The merger deal was expected to be completed last month, but the DoT is seeking legal opinion on the merger in respect to Vodafone's administratively allocated spectrum holdings
The new operator would be the country's largest telecom company, with a revenue market share of around 37 per cent and 433 million subscribers
The proposed merger is expected to give breather to both debt-ridden firms Idea and Vodafone, from cut-throat competition in the market
Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by courts
Telecom Secy Aruna Sundararajan had last month said that the clearances related to the merger of Vodafone and Idea Cellular are being expedited and that it "should get done" in the timeframe of June
Meanwhile, the new player Reliance Jio has notched up a revenue market share of 15.4% in just 15 months of commercial operations
The required approvals for the much-awaited merger have reached the last leg
Idea may have to shell out Rs 45 billion in cash
Idea's proposal assumes significance against the backdrop of pending merger with Vodafone India to form the country's largest telecom operator
By consolidating the network and freeing up spectrum, the merger will help bring huge savings
Too big to fail or too big to succeed; the answer lies in how the newly merged company chisels out its new brand identity say marketers
After the completion of merger, the combined entity will have the largest subscriber base of over 400 million
The combined entity will face tough competition from Bharti Airtel and Reliance Jio, which plans to grab more than half the market in revenue terms
The merged entity would lead the market with a revenue market share of about 37% against Airtel's 31.2% and Jio's 14.5%
Telecom Secretary Aruna Sundararajan also expressed hope that the roadmap for the fifth-generation (5G) network in India would be ready by June
Sharma, who joined Vodafone (then Hutch) in 2003, has over the years held several senior management positions in India and internationally
In November, an Indian subsidiary of ATC had agreed to buy 20,000 mobile towers owned by Vodafone India and Idea Cellular
According to a senior official, the government is awaiting for closure of Vodafone and Idea mobile tower sale transaction with American Tower Corporation
The proposed merger of Vodafone India and Idea will create an entity with a revenue of around Rs 775-800 billion
The fund infusion is necessary as it will enable both firms to go ahead with the mega merger, scheduled to close by the middle of this year