Vodafone Idea To Reduce Dealerships And Branded Stores
Vodafone Idea Ltd. is in the process of reducing the number of distributors and branded stores in the country.
The country’s largest telecom operator will reduce the number of distributors by 16,000 and branded stores by another 2,000 by the end of this financial year, according to a company document.
The company also plans to reduce the number of call centres to 38 from 82 at present by March 2019 as part of its integration plan.
Vodafone Idea expects to achieve business integration by March 2021.
The company reported a consolidated loss of Rs 4,973 crore for the September quarter in its maiden financial results after the merger, and has a debt burden of around Rs 1.2 lakh crore
The merger of Vodafone India with Idea Cellular was completed on August 31.