Government today said there will be no special treatment for Vodafone India and Idea Cellular which have decided to merge and the companies will have to comply with existing norms on spectrum, subscriber and revenue caps. Also Read - Fake WhatsApp message claims free internet for three months, don't fall for itAlso Read - Vi (Vodafone Idea) is now focusing on growing broadband business with You Broadband
“They have to comply with the rules…there will be no special treatment,” Telecom Minister Manoj Sinha told reporters.
Sinha further said that there is no fear of cartelization in the telecom sector in the wake of large number of mergers and acquisitions. ALSO READ: Vodafone-Idea merger to cost Rs 13,400 crore for combined entity: Idea Cellular MD
“After consolidation, there will still be 5-6 players in each service area. So, cartelization is not possible. Also, there are guidelines on revenue cap, subscriber cap and spectrum cap which will ensure a healthy competition. We have taken all precautions”. ALSO READ: Vodafone-Idea merger: CEO Vittorio Colao, Kumar Birla meet telecom minister