This is unprecedented in the history of telecom industry across globe. The former front-runners of Indian telecom sector- Airtel, Vodafone and Idea have announced a merger of their business divisions to take on Mukesh Ambani’s Reliance Jio.
In the wake of the unending plethora of offers coming in from Jio’s Kitty, Bharti Airtel felt that joining hands with Idea and Vodafone is the only way forward. The deal is expected to close before the end of 2017.
The stocks of all the three telcos have sky-rocketed since the announcement.
Notably, barely within a couple of hours of the Airtel-Idea-Vodafone merger announcement, Reliance Jio issued a new statement for Jio users. Replacing their latest Summer Surprise offer, Mighty Jio has announced a new “Infinity Offer” that will give unlimited data and voice calls to all its Prime and Non-Prime members till April 1st 2018.
Airtel, Idea and Vodafone are expected to issue a combined statement post-noon. Apparently, some new discounted offers are also on the anvil to take on Jio’s Infinity Offer.
DISCLAIMER: This is purely a work of fiction. Though it may relate to real people or events, it is not factual and doesn’t mean to harm anybody but is solely intended to publicize hearty laughs throughout and throughout.
Happy April Fool’s Day.