Vodafone Idea Limited Merger
August 31, 2018 The day when Vodafone and Idea, the two major companies once considered the giants of the Indian telecommunications sector. merged into each other and became one. Meaning these two companies were merged to form a new company named “Vodafone Idea Limited”. This company is a telecom company, and is a GSM operator. Which provides 2G, 3G and 4G VoLTE mobile services to the Indian public. Along with this, it also provides services for mobile payments, other business transactions, work and entertainment. It provides digital channels and on-ground touch-points across India. Vodafone Idea Limited is the second largest mobile telecommunications network company in India and the sixth in the world.
But the most important, big and important contribution in their merger is considered to be Reliance Jio. Which created a stir in the year 2016 by stepping into the telecom sector. Despite giving its free services for six months, Jio beat everyone and became the largest company in the telecommunication sector. But now that Vodafone and Idea are two companies, will they be able to face the storm of Jio? Will she be able to overtake Jio once again? And will she be able to restore her old existence lost somewhere in the storm of Jio? This is analyzed by experienced astrologers at GaneshaSpeaks.com. Let’s know…
But before doing the astrological analysis of Vodafone Idea Limited, we would like to discuss some other aspects.
Why Vodafone India and Idea Cellular Limited merged?
- There was a huge tariff war in the telecom sector.
- To substantially reduce the gap between cost and benefit.
- Both the companies were immersed in a combined debt of Rs 1.15 lakh crore.
- Due to the telecom operator Reliance Jio, their profit was reduced.
To reduce the cost and capital expenditure of the company and get relief from cut throat competition in the telecom sector.
What benefit did the customers get from the merger of these two companies?
- Customers are able to get better network and better coverage than ever before.
- Customers are able to get services at the same price as Reliance Jio.
- Customers did not notice any major change in mobile phone recharge and payment of phone bills.
- Because the respective websites of both the companies are still working on their old domain.
- The merged entity is providing a more robust ecosystem of cellular towers.
- Customers are taking advantage of the new technology as the merged entity has a better grip on digital services.
Astrological Analysis of Vodafone Idea Limited
Date of Merger – August 31, 2018
Location – Mumbai, Maharashtra, India
Horoscope – Surya Kundli
What does the horoscope of Vodafone Idea Limited say?
In the Surya Kundli of Vodafone Idea Limited, the lord Mars is the exalted conjunct along with Ketu and Mercury is afflicted by Rahu. Whereas the Sun is situated in its zodiac. Moon and Jupiter are in opposition and Venus is weak.
The current Jupiter transit is motivating the tenth house of business, and on the other hand, the present Saturn-Ketu transit is going on the Saturn of birth. Those who probably do not appear to associate with doing the desired business so easily.
What will be the financial position of Vodafone Idea Limited going forward?
The coming times of Vodafone Idea Limited will not be easy financially. Because at present, due to the transit of Saturn-Ketu, there may be some obstacles in the financial path of the company. Hence Vodafone Idea Limited will need to go step by step. The company should refrain from making any major financial investments till mid-January 2020. It may face tough competition from its competitors in the coming future.
Will Vodafone Idea Limited be able to make a comeback in the telecom sector with its new plans and products?
The answer would be yes. Vodafone Idea Limited may try to come back with some new plans and new products to attract new customers in the telecom sector by the end of 2019. Which can help take the company forward to some extent. As Jupiter is aspecting the tenth house during the current transit which is the karaka of business. While the times ahead for the company will not be easy, as mentioned in transit, their skills and patience may be tested.
Apart from this, recently, Union Finance Minister Nirmala Sitharaman has decided to give equal share to all Leticom companies in the market under the new economic policies that the companies which have more debt outstanding. The time limit should be extended for them to repay the loan. so that they can repay their loan. But how much that time limit will be extended, its final decision will be taken by the country’s highest court, the Supreme Court. After which the position of these companies will become more clear.
Why the company’s new plan of minimum recharge failed?
As mentioned above, the spirit of competition is afflicted by Mars-Ketu, which indicates a continuous decrease in desired revenue. Which ultimately affects the company’s new plan of minimum recharge as well. Which was started by the company to generate more revenue and to maintain the trend of the customers.
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With the blessings of Ganeshji,