This is the first prominent appointment done by either of the two companies
The deal is expected to close in the first half of 2018
Sources said no search committee had been appointed to locate candidates for top posts, as there's enough talent across the Vodafone Group
Regulator is currently examining if the deal meets the takeover code regulations
As telecom sector witnesses consolidation, number of operators will shrink
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
After merger, the Vodafone-Idea combine is India's largest, world's third-largest telco by user base
Overseas investors have seen the bloodbath in the market and want to stay away.
Analysts expect heightened competitiion as operators align their strategies to compete with RJio
The merged entity would breach revenue market share, subscriber and spectrum caps in five markets
If the deal is successful, the combined entity will create the largest telecom player in the country
Jio's entry has forced players to offer cheaper plans, cutting deeply into their profits
If it happens, merged entity will become India's number one player with 43% market share
On the BSE, the stock plummeted 7.07% and finally settled at Rs 328.8 by the end of the day