Both the companies would have equal ownership and governance rights in combined entity
Telecom sector needs to pool active resources
Results include all mobile tests, regardless of connection technology
The company on Monday announced changes in its domestic and international roaming plans
The move would lead to 'death of national roaming' from April 1
Airtel offers free incoming calls, SMS and no Premium on outgoing calls while roaming across India
Bharti Airtel has decided to do away with roaming charges
Acquisition of Telenor's India operations will help telecom giant Bharti Airtel improve its market and spectrum position without any material increase in debt, S&P Global Ratings has said. S&P Global Ratings' rating on Bharti Airtel (BBB-/stable/--) is unaffected by the company's plans to acquire the India operations of Telenor ASA, it said in a statement. Generally, BBB indicates relatively lesser credit risk and exhibits adequate protection parameters. "The acquisition, which is subject to regulatory approvals, will help Bharti Airtel improve its market and spectrum position without any material increase in debt," it added. Last week, Bharti Airtel had said it will acquire the business of Telenor India for an undisclosed sum in all seven circles where the latter holds spectrum. Airtel is India's largest wireless operator with over 269 million subscribers and a revenue market share of over 33 per cent. As the new owner, Airtel will take over Telenor India's spectrum, ...
Airtel's revenue market share will rise to 35.6% following the acquisition of Telenor
Bharti to spend Rs 1,600 cr for spectrum payout over 10 years; Telenor to service its own debt
Bharti Airtel surged 11% to its 52-week high of Rs 397 on the BSE in intra-day trade
The deal will bolster Airtel's footprint with additional spectrum in the 1800 MHz band
Since January 25, from its recent low of Rs 312, the stock rallied 19% to Rs 370 as compared to 2% rise in Sensex.
Shares of the company were trading 1.04% down at Rs 348.50 apiece on BSE
Airtel has also alleged that Reliance Jio is abusing its dominant position
To avail the offers of 'Airtel Surprises', customers need to log on to broadbandsurprises section on the Airtel website and unlock their 'surprise'
Bharti's revenue fell 3 percent to Rs 23364 crore over the past three months, due to cheaper voice and data tariff
Net down 55% y-o-y, the biggest decline in 16 quarters; revenue down 3%
High competition in the sector and impact of the govt's demonetisation move seen as the main reasons
7.25% for savings accounts; plan is to have 600,000 banking points by year-end