Mega Alliance With the Tatas: Here Are Challenges That Airtel Will Face
Bank of America-Merrill, in a note, said, that Bharti Airtel will face a host of challenges in case it goes ahead with a mega alliance with the Tata Sons. The brokerage said that Bharti Airtel would have to consider over Rs 30,000 crore in debt, and market rate payment of over Rs 11,000 crore for spectrum owned by the latter. Furthermore, the speculated merger would only bring 48 million subscribers... Read More