Telenor India, Tikona discuss merger - report

Thursday 22 September 2016 | 11:18 CET | News
Telenor India is in talks with Tikona Digital to merge parts of their broadband spectrum business, ET Now reports, without citing sources. The merger plans do not include the companies' voice businesses, as the deal will focus on Telenor India's and Tikona Digital's data units. According to the same source, both companies seek to synergise their respective teams and operational capabilities. The deal would also expand Telenor India's and Tikona Digital's spectrum footprint to additional circles.

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Categories: Mobile & Wireless
Companies: Telenor / Vodafone India
Countries: India
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