Bharti Airtel-tata Tele Merger

Govt approves merger of Tata Teleservices' mobile business with Airtel

Bharti Airtel on July 1 announced that the consumer mobile business of Tata Teleservices Ltd (TTSL) has now become its part

DoT plans to move SC challenging Tata Teleservices-Airtel merger in August

Bharti Airtel on July 1 announced that the consumer mobile business of Tata Teleservices Ltd (TTSL) has now become its part

NCLT approves merger of debt-ridden Tata Teleservices with Bharti Airtel

As part of the agreement, Bharti Airtel will absorb Tata consumer mobile business operations in 19 telecom circles

Bharti Airtel board clears scheme for Tata Tele takeover

Under one of the scheme, Airtel will issue and allot 500 unlisted Redeemable Preference Shares (RPS) of face value of Rs 100 each to all equity shareholders of TTSL proportionate to their holding

Bharti Airtel's plan to acquire Tata Tele users may face Trai hurdle

According to Bharti Airtel, the first batch of the transition was being effected in UP (West), Bihar, and West Bengal

Airtel-Tata Tele merger gets CCI nod

Fair trade regulator Competition Commission of India (CCI) has approved the merger of Tata Teleservices with Bharti Airtel as consolidation in the telecom sector becomes a reality.Airtel, which is acquiring Tata Teleservices virtually for free, will be getting around 71 MHz of liberalised spectrum and 40 million customers to add to its kitty as it gears up to fight bigger rivals in the form of Vodafone-Idea Cellular combine and also Reliance Jio.The telecom sector is looking forward to a scenario where there will be three big private operators along with state-run BSNL. There may be smaller operators in the form of Aircel and Reliance Communications (RCom). Although RCom has made it clear that it is going to shut down its 2G and 3G business and concentrate only on 4G after its merger with Aircel was called off due to delay in approvals. As per a CCI order, the proposed combination of Tata Teleservices and Bharti Airtel has been approved. The merger will also need approvals from other .

Airtel-Tata deal beneficial but raises integration risk: S&P Global Ratings

Bharti Airtel's takeover of Tata Teleservices' consumer mobile business will bolster its subscriber and revenue market share but could raise integration risk at a time when the Sunil Mittal-led company is also combining operations with Telenor, S&P Global Ratings has said. S&P said however that Airtel's rating is "unaffected" by its recently-announced acquisition of the Tata Group firm. "...in our view, this deal increases integration risk for Bharti because the company will be simultaneously integrating the operations of Telenor India (acquired last fiscal) and Tata Teleservices over the next 12-18 months, while responding to the intense competition," it said. The S&P Global Ratings note added however that it expects Bharti to be able to manage the integration risk because it has successfully managed such deals in the past, particularly in the African markets. The deal will be neutral to Bharti's leverage in 2017-18 and 2018-19, it said. Airtel will assume a

Merger to give Airtel more subscribers, Tata Tele an easy exit: Analysts

By running the show, Tata Teleservices would have continued to bleed on the financial front. The deal will ensure further losses are arrested, they say

Tata Tele is second telco Bharti Airtel is getting virtually free this year

Bharti to pay only Rs 1,500-cr spectrum payout for Tata Tele; in its 149-year history, Tatas have never shut down any major unit; this merger deal is being seen as a face-saver for the group

Airtel to take over liability of nearly Rs 2,000 cr for Tata Tele spectrum

Airtel will from Nov 1 take over 40 mn customers of Tata Teleservices and Tata Teleservices Maharashtra in 19 telecom circles

Bharti Airtel-Tata Tele merger: This is what Bharti Airtel gains

The merged entity will be able to narrow the gap with the proposed Idea-Vodafone combine not only in the share of spectrum controlled but revenue