0
Wireless

Tata sells consumer mobile ops to Bharti Airtel

Friday 13 October 2017 | 09:56 CET | News
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.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Bharti Airtel / Tata Communications
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Airtel completes Telenor India acquisition

Published 14 May 2018 16:57 CET | India
Indian mobile operator Bharti Airtel and Telenor South Asia Investments have announced the completion of their transaction, ...

Idea Cellular completes INR 35 bln share issue, allocation

Published 26 Feb 2018 10:05 CET | India
Indian operator Idea Cellular has closed its qualified institutions placement. The company has issued and allotted around INR ...

Reliance Jio adds 15 mln subscribers in September quarter

Published 16 Oct 2017 08:57 CET | India
ARPU during the quarter stood at INR 156.4. Total wireless data traffic jumped to 3.78 billion GB, and average voice traffic ...

Tata Teleservices' quarterly revenue falls 7%, net loss widens

Published 09 Aug 2017 06:47 CET | India
Indian operator Tata Teleservices (TTML) saw its revenue decline to INR 5.53 billion for the fiscal first quarter to 30 June ...

Tata, Bharti discuss telecom, DTH merger - report

Published 07 Jul 2017 09:31 CET | India
The Tata Group and Bharti Enterprises are in talks for a possible partnership involving their telecom, overseas cable and ...

Vodafone India, Idea Cellular agree merger

Published 20 Mar 2017 09:16 CET | India
Vodafone Group and Indian mobile operator Idea Cellular have agreed to combine their operations in India. The merger agreement ...

Telenor exits India, sells to Bharti Airtel

Published 23 Feb 2017 09:26 CET | India
Telenor is exiting the Indian market and selling its operations to market leader Bharti Airtel. As the new owner, Airtel will ...





1.18 million
broadband via fibre connections
Netherlands  |  2018 Q1

Calendar   /   Industry Events

17 Jul Telekom Austria Q2 2018
17 Jul TalkTalk fiscal Q1
17 Jul Inphi Q2 2018
17 Jul Telenor Q2 2018
18 Jul Tele2 Q2 2018
18 Jul MTG Q2 2018
18 Jul Ericsson Q2 2018
18 Jul Crown Castle Q2 2018
18 Jul TDC Q2 2018
18 Jul Data Center InterConnect
18 Jul Report: Dutch Mobile Virtual Operators 2018 Q1
19 Jul DNA Q2 2018
19 Jul Rogers Communications Q2 2018
19 Jul Limelight Networks Q2 2018
19 Jul Millicom Q2 2018
19 Jul Skyworks fiscal Q3
20 Jul Net Insight Q2 2018
20 Jul TIM Brasil Q2 2018
20 Jul CLX Communications Q2 2018
20 Jul Telia Q2 2018
20 Jul Orange Belgium Q2 2018
23 Jul Inwit Q2 2018
23 Jul Alphabet Q2 2018
23 Jul NOS Q2 2018
23 Jul Netgear Q2 2018
24 Jul Telekom Austria H1 2018
24 Jul Orange Polska Q2 2018
24 Jul Texas Instruments Q2 2018
24 Jul Smith Micro Q2 2018
24 Jul Megacable Q2 2018
::: More Calendar Items