Airtel Tata Tele Services Merger

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Airtel Tata Tele Services Merger

Chakri K October 16th, 2017 9:59 PM 36 COMMENTS

Bharti Airtel, Vodafone India, and Reliance Jio Will Compete With Each Other Over the Next 12-18 Months: Moody’s

Bharti Airtel, on October 13 agreed to merge with Tata Teleservices Limited (TTSL) and Tata Teleservices Maharashtra (TTML). Under this merger, Tata Consumer Mobile Business (Tata CMB) will be moved to Bharti, and the transaction is subject to requisite regulatory and other approvals and expected to take 6-9 months to fully merge. According to the agreement, Bharti Airtel will acquire Tata CMB's India's operations in nineteen circles, including the transfer... Read More

Srikapardhi July 11th, 2017 8:22 PM 16 COMMENTS

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

Srikapardhi July 10th, 2017 12:23 PM 2 COMMENTS

Tata Teleservices to Get Rs 12,000 Crore From Parent Company: Report

Tata Sons, a Tata group’s holding company, will reportedly infuse Rs 12,000 crore more into its telecom venture, Tata Teleservices, allowing the latter to repay its debt and improve its financial metrics. According to a Business Standard report, the infusion is approved by the board led by Group Chairman N Chandrasekaran, who is working on devising a strategy for TTSL to help its navigate the competitive landscape. The latest investment... Read More

Srikapardhi July 7th, 2017 7:11 PM 11 COMMENTS

Tata Group and Bharti Airtel in Talks to Explore Indian Telecom and DTH Market Combinedly: Report

Of late, rumours claim that Tata Teleservices, who is offering services as Tata DoCoMo network in India has been in the talks with India's leading telecom operator Bharti Airtel for a possible merger. And now, a new report says that the Tata Group and Bharti Enterprises have had exploratory talks to evaluate a mega alliance involving their telecom, overseas cable and enterprise services, and DTH TV businesses. A report of... Read More

Rudradeep Biswas June 28th, 2017 12:34 PM 30 COMMENTS

Airtel May Buy Tata Tele, Jio-RCom Likely to Merge by 2020: Report

India's top telco Bharti Airtel may acquire ailing telco Tata Teleservices, while Reliance Jio and Reliance Communications are likely to combine their businesses in a longer term, according to a report by London-based CCS Insight. The ongoing and these expected merger and acquisition moves will result in a four-operator market in the next three years, down from 15 licensed providers in 2010, a report in Times of India said. “From... Read More