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Bharti Airtel in Talks to Acquire Mumbai’s Oldest Loop Mobile

Mumbai’s oldest mobile operator Loop Mobile is in talks with Bharti Airtel for possible merger, as Loop’s main promotor Dubai based Khaitan Holdings Group looks to exit the telecom sector. Earlier Loop was in talks with Telenor, Aircel and Idea Cellular. Loop Mobile, earlier known as BPL Mobile is serving the metro since 1995 and currently serves nearly 3 million subscribers with 4th spot. Loop generated a gross revenue of… Read More

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