Bharti gets Tata Tele for nothing; Rs 1,500-cr spectrum payout only cost

Airtel is getting a debt-free company while pushing its user base to around 321 million.....»»

Category: topSource: business-standardOct 12th, 2017

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.....»»

Category: topSource: business-standardOct 13th, 2017

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.....»»

Category: topSource: business-standardOct 12th, 2017

Tata Tele buyout: Bharti, Singtel out of race; will Reliance Jio buy?

Acquiring Tata Tele with its debt and unliberalised spectrum may be a sour deal for Reliance Jio.....»»

Category: topSource: business-standardAug 4th, 2017

Bharti Airtel: Consolidation gains key trigger

Despite a 39 per cent gain for the Bharti Airtel stock in two months, analysts believe it has more legs to run after the integration with Tata Teleservices, revival in Africa and cost control measures. The latest trigger has been on.....»»

Category: topSource: business-standardDec 28th, 2017

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.....»»

Category: topSource: business-standardDec 20th, 2017

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.....»»

Category: topSource: business-standardNov 27th, 2017

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 virtual.....»»

Category: topSource: business-standardNov 16th, 2017

Tata Tele stuns Reliance Jio, adds 4.9 mn users in August, show Trai data

Despite attractive scheme, landline market leader BSNL lost 1.4 lakh landline customers while Bharti Airtel gained 5,761 new customers.....»»

Category: topSource: business-standardNov 9th, 2017

Bharti-Tata Tele deal: Sunil Mittal"s 14-yr-old prophesy looks real today

Mittal had predicted that there would eventually not be more than four players in the telecom sector.....»»

Category: topSource: business-standardOct 13th, 2017

Merger a win-win deal for Bharti Airtel, Tata Tele

Prima facie, the deal will give a customer boost to Bharti Airtel and bring its overall market share closer to the merged Vodafone-Idea entity.....»»

Category: topSource: business-standardOct 13th, 2017

Brokerage views on Bharti Airtel - Tata Tele deal

Analysts say the development is positive for both players as it not only provides an easy exit to Tata's from the loss making telecom venture, Bharti Airtel too will gain subscribers in the process.....»»

Category: topSource: business-standardOct 13th, 2017

News Digest: Tata Tele-Bharti Airtel deal, TCS net falls, and more

From RBI proposing currency trading platform for retail customers to GST Council to take up real estate in November meeting, BS brings you up to date with latest news.....»»

Category: topSource: business-standardOct 12th, 2017

Tata Tele-Bharti Airtel deal will help stress resolution, say lenders

According to senior PSU bank executives, the Tata group has conveyed it would stand by it loan clearing commitments.....»»

Category: topSource: business-standardOct 12th, 2017

How Tata Tele-Bharti Airtel deal was done in 5 days

The talks between the Tatas and Bharti had begun a few months ago but by the end of August the negotiations were not going anywhere.....»»

Category: topSource: business-standardOct 12th, 2017

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.....»»

Category: topSource: business-standardOct 12th, 2017

Key highlights of Tata Tele-Airtel merger deal

Over 40 million Tata customers to join Bharti Airtel.....»»

Category: topSource: business-standardOct 12th, 2017

Tata Tele to merge with Bharti Airtel on debt-free cash-free basis

Bharti Airtel will absorb the operations of Tata's mobile business in 19 circles across the country.....»»

Category: topSource: business-standardOct 12th, 2017

Merger with Bharti Airtel gives an easy exit route to Tata Tele: 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.....»»

Category: topSource: business-standardOct 12th, 2017

Tatas to inject Rs 12,000 crore more in telecom arm

Move to help Tata Tele prepay debt, reduce interest cost.....»»

Category: topSource: business-standardJul 9th, 2017

Reliance Jio effect: Bharti Airtel gets Telenor for free

Bharti to spend Rs 1,600 cr for spectrum payout over 10 years; Telenor to service its own debt.....»»

Category: topSource: business-standardFeb 24th, 2017