September 1st, 2017 12:42 PM 1 COMMENTS

Bharti Airtel Writes to DoT That It Has Fully Acquired Tikona Digital Network’s Business

Back in March, India's leading telco Bharti Airtel announced that it's going to acquire Tikona Digital Network's business. Today, Airtel has informed the Department of Telecommunications (DoT) that it has fully acquired Tikona Digital Network's share capital and also quoted that Tikona is now a wholly-owned arm of Airtel. “We have initiated the process of merging Tikona Digital (the transferor company) with Bharti Airtel (the transferee company) as per the... Read More

June 20th, 2017 5:29 PM 13 COMMENTS

DoT May Scrap Jio’s Complaint Against Airtel-Tikona Digital Deal: Report

India's telecom department would not take up Reliance Jio's complaint against Bharti Airtel's acquisition of Tikona Digital's 4G business, according to an Economic Times report. The Mukesh Ambani-led telco had earlier alleged the Sunil Mittal-led telco was exploiting a gap in M&A rules which could cause an over Rs 217 crore loss to the national exchequer. Jio had also written a letter to the National Company Law Tribunal seeking intervention... Read More

June 1st, 2017 6:40 PM 13 COMMENTS

Airtel-Telenor Merger Gets a Nod From SEBI, BSE and NSE

Bharti Airtel and Telenor India have gotten one step closer to their merger in India, having received the approval of the Securities and Exchange Board of India (SEBI), BSE Limited (BSE) and National Stock Exchange of India Limited (NSE), according to an official statement. The Sunil Mittal-led telecom operator had in February entered into a definitive agreement with Telenor South Asia Investments Pte Ltd to acquire Telenor India’s running operations... Read More

May 17th, 2017 12:34 PM 23 COMMENTS

Reliance Jio Now Wants Airtel-Tikona 4G Business Deal Blocked

Reliance Jio Infocomm has urged the country’s telecom department to block Bharti Airtel’s acquisition of Tikona’s 4G business for Rs 1600 crore, taking its fight with the latter to another level. The Mukesh Ambani-led telco has alleged that Airtel is exploiting a gap in M&A rules through this deal, which actually is a spectrum trading deal. In a letter to the DoT dated May 15, the 4G entrant said that... Read More

March 27th, 2017 6:00 PM 5 COMMENTS

Tikona Hopes to Double Fixed Broadband Services Business After Airtel Deal: Report

Tikona Digital, which last week inked an agreement to sell 4G spectrum and business to Bharti Airtel, is now hopeful of doubling its fixed broadband services business in 18 to 24 months by expanding its reach in the market. The company’s chief executive officer Prakash Bajpai told ET that the deal with Airtel will help Tikona to become a debt free company, thereby helping it to double its business by... Read More

March 18th, 2017 3:45 PM 16 COMMENTS

After Telenor, Bharti Airtel Now Enters Final Stages of Talks to Acquire Tikona’s 4G Spectrum: Report

Bharti Airtel, India's leading telecom network has reportedly in talks with Tikona Digital Networks to acquire the latter's 4G spectrum for a valuation around Rs. 800 to Rs. 1,000 crore. It was already confirmed that Airtel would buy the Norway-based Telenor's Indian unit and with this deal with Tikona, Airtel is looking to strengthen its 4G coverage in the country. According to a report from Livemint, 'Tikona has some debt... Read More

Recent Comments

shivraj roy :

i feel Vi has improved than what it was in 2022 i usually get around 8-10mbps in very heavily dense…

5G Users Consuming 3.6 Times More Data than 4G Users…

biswadeepmondal :

JioAir Fiber is working very well in KPA & HLR. Sadly they don't have any data only plan.

REP: Airtel Expands Network Footprint in Bankura District of West…

Anonymous :

In line with Airtel's ?49 plan that offers 20GB of data for the same duration.

Jio Brings New Rs 49 Plan

SCKPA :

Airtel is claiming so many things. But at our location there have so many places where airtel 2g signal is…

REP: Airtel Expands Network Footprint in Bankura District of West…

Faraz :

Yes.. Corruption and arrogance is in the core of this organisation since beginning.. & Now even gov wants everything to…

BSNL's Operating Profits Signal a Positve Future

Load More