India`s National Company Law Tribunal (NCLT) has approved the merger of Idea Cellular Ltd and the Indian unit of Vodafone Group, according to a person familiar with the matter.
Idea, a part of the Aditya Birla conglomerate, and Vodafone signed a merger agreement last year, which could create the country`s biggest telecom operator. Approval from the Tribunal was the only outstanding regulatory requirement.
Both companies have declined to comment.
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