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Tag: bharti
Tata sells consumer mobile ops to Bharti Airtel
2017-10-13 09:56:00| Telecompaper Headlines
(Telecompaper) The Tata Group has agreed to sell its consumer mobile businesses to Bharti Airtel, including all customers and assets. No financial details were disclosed about the deal, except that it will done on a debt- and cash-free basis, except for Bharti assuming a small portion of Tata payments for spectrum. The acquisition will be subject to the usual regulatory approvals. The boards of Tata Sons, TTSL and TTML have already given their green light.
Tags: mobile
consumer
sells
ops
Bharti buys Tata's mobile operations
2017-10-12 02:00:00| Total Telecom industry news
Bharti Airtel on Thursday announced that it will acquire Tata Group's consumer mobile businesses for an undisclosed sum, bringing to an end years of speculation over the future of the operations. Under the terms of the deal, Tata Teleservices and Tata Teleservices Maharashtra will be subsumed by Bharti Airtel on a cash-free and debt-free basis, with the exception that Bharti will assume a small portion of Tata's unpaid spectrum liabilities with the Department of Telecommunications (DoT)…read more on TotalTele.com »
Tags: mobile
operations
buys
bharti
Bharti, investment firms working on $11bn towers deal
2017-10-11 02:00:00| Total Telecom industry news
Bharti Airtel and a consortium of global investment funds are working on a takeover deal for the former's towers assets that will value the business at US$11 billion (€9.3 billion), according to Indian press reports on Wednesday. On completion of the multi-stage deal, a group led by U…read more on TotalTele.com »
Tags: working
deal
investment
firms
Bharti shareholders approve Telenor takeover
2017-09-22 02:00:00| Total Telecom industry news
Bharti Airtel's shareholders have voted overwhelmingly in favour of the company's proposed acquisition of rival Indian mobile operator Telenor. At a meeting convened on Tuesday, 99.98% of Bharti Airtel's equity shareholders approved the merger…read more on TotalTele.com »
Tags: approve
shareholders
takeover
telenor
Bharti Airtel launches VoLTE
2017-09-12 02:00:00| Total Telecom industry news
Bharti Airtel became the second operator in India to launch voice-over-LTE (VoLTE) services this week. The Indian mobile market leader announced the launch of VoLTE in Mumbai on Monday…read more on TotalTele.com »
Tags: launches
volte
airtel
bharti
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