Vodafone Is in Merger Talks to Create India’s Biggest Cellphone Company

Britain’s Vodafone Group confirmed on Monday it was in talks to merge its Indian subsidiary with local rival Idea Cellular in an all-share deal that would create a new market leader better able to contest a brutal new price war.

Vodafone, the world’s second-largest cellphone networks operator, has endured a tumultuous ride since it entered India in 2007, with price wars and a high-profile tax battle making the market Vodafone’s most unpredictable territory by far.

Last year the market...

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