Idea-Vodafone Deal Will Not Affect Consumers Adversely, Says CCI’s Sudhir Mittal

The Idea-Vodafone deal will not adversely affect consumers, said Sudhir Mittal, chairperson, Competition Commission of India (CCI).

The combined operations of Idea and Vodafone will create the country’s largest telecom operator worth over $23 billion (or over Rs 1.5 lakh crore), with a 35 percent market share and a subscriber base of around 430 million. It will have the capacity to provide 4G spectrum in all telecom circles of the country.

In an exclusive interview to CNBC-TV18, Mittal said discounts and predatory pricing is not a violation if not done by a dominant party. – CNBC Tv18