The shares of Indian telecom giant Airtel and other telecom companies, including Reliance Jio fell on Monday following the announcement of a merger between Vodafone and Idea. While Idea shares fell as much as 20% in intraday trade, Bharti Airtel fell by 1.6%, and Reliance Industries, which owns Reliance Jio, plunged 1.1%. Notably, the Vodafone-Idea group would be India’s largest telecom operator with almost 40 crore customers.