Vodafone and Idea Cellular completed their merger on 31 August 2018, and the merged entity is renamed to Vi. The merger created the largest telecom company in India by subscribers and by revenue, and the second largest mobile network in terms of number of subscribers in the world. Under the terms of the deal, the Vodafone Group holds a 45.1% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. However, even after the merger both the brands have been continued to carry their own independent brands.