Idea-Vodafone to merge:10 interesting facts about the Indian telecom sector

The merger of Idea Cellular and Vodafone announced earlier today is likely to create the biggest telecom operator in the country with a customer base of close to 400 million, or 35% market share.

Here are 10 interesting facts about the Indian telecom sector, compiled from a March 2017 report on the telecom sector by India Brand Equity Foundation (IBEF) report.

1. With a subscriber base of nearly 1058.86 million, as of March 2016, India accounted for the second – largest telecom network in the world. The subscriber base has expanded at a compounded annual growth rate (CAGR)