Vodafone CEO Vittorio Colao assures employee job safety post Vodafone-Idea merger

Vittorio Colao, CEO of Vodafone Group Plc, said Idea and Vodafone employees don’t have to worry about their jobs, post the merger of Idea and Vodafone India.

"I can assure you of the group's (read: Vodafone Group Plc's) commitment to the success of the merger and to creating greater professional opportunities for our Indian colleagues," Colao wrote in an email to Vodafone India employees Monday.

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Colao added he was convinced of the role that the merger would play for "Vodafone India teams to take part in building a truly impressive company."

"I count on all of you to focus on strengthening Vodafone India in the coming months and in winning in the highly competitive Indian environment," the mail added.

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He also talked about the new entity, saying that it would "benefit from the strength of both brands, based on an identity and brand strategy, which will be defined in detail in closing," and that it would have the scale required to "ensure consumer choice in a competitive market, a large spectrum portfolio to deliver fast mobile broadband and to expand new technologies such as mobile money services, that have the potential to transform daily life for every Indian."

Idea’s Kumar Mangalam Birla, who is the chairman-designate of the merged entity, also said that the group doesn’t plan to do any significant downsizing post the merger.

(Image source: The Irish Times)