Is Jio responsible for the merge of Idea and Vodafone?

This is a colossal news for Indian Telecom Sector.

Idea and Vodafone, two giants of the industry have joined hands and after their merging they hope to emerge as the single largest telecom company of India.

This is clearly Jio effect.

And now the cut-throat market competition is in full swing. This also may just help consumers get better and cheaper services.

This has to be noted that after the launch of Jio, there was a landslide change in the telecom market and many users had switched to Jio.

In new company, Vodafone will have the share of 45 percent while Idea will have the share of 26 percent.