India poser for Axiata


FILE PHOTO: A man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltds logo on its shutter in Mumbai, India, April 28, 2014. REUTERS/Danish Siddiqui

After Vodafone-Idea merger, Axiata may no longer equity-account earnings from Idea

THE “Jio factor” has virtually forced India’s Idea Cellular, in which Axiata Group Bhd has a stake, to merge with Vodafone to create India’s biggest mobile company by subscriber base, revenue and spectrum holding.

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