Voda-Idea merger in final stages of approval, says DoT

The merger proposal of Vodafone India and Idea Cellular, to create the country's largest telecom company, is in the final stages of approval, Telecom Secretary Aruna Sundararajan said today.

The two companies last week announced the top deck for the the soon-to-be-merged entity, naming Balesh Sharma as the new CEO.

Asked about the status of the merger process that is awaiting the telecom department's approval, Sundararajan said: "It is in final stages of approval."