Airtel merger Bangladesh

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Bharti Airtel, Axiata to merge operations in Bangladesh

Bharti Airtel said that it has entered into a definitive agreement with Axiata Group Berhad to merge their respective subsidiaries in Bangladesh that are Robi Axiata Limited (Robi) and Airtel Bangladesh Limited. The agreement follows the September 9, 2015 announcement of both parties entering into an exclusive discussion to explore possibility of combining the business operations in Bangladesh. Upon completion, Axiata will hold 68.3% controlling stake in the combined entity,… Read More

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