The Department of Telecommunications (DoT), earlier today, cleared the merger of Bharti Airtel and Telenor India. As a next step, Airtel will begin integrating Telenor India’s operations across seven circles: Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam. The transaction has received all the necessary regulatory & statutory approvals and did not face any hurdles post the merger announcement in March 2017, besides the bank statement requirement... Read More
In a move that will ease mergers and acquisitions within the telecom industry, the Supreme court quashed the telecom department’s bid to make Bharti Airtel furnish a bank guarantee of Rs 1,499 crore as a pre-condition for approving Airtel’s acquisition of Telenor India. The order has cleared the path for the Bharti Airtel-Telenor deal to go through. The apex court in its order on Wednesday dismissed Department of Telecommunications (DoT)... Read More
Fitch Ratings said that Airtel’s deal with Telenor to acquire the latter’s India operations is the latest sign that the entry of aggressive Reliance Jio is spurring incumbents to consolidate to meet the intense competition and weaker telcos better to exit altogether. Jio's massive investment of USD20-25 billion and unique offering of free voice and data for six months to new subscribers have accelerated industry consolidation. The on-going consolidation is... Read More
India's leading telco Bharti Airtel said that it has entered into a definitive agreement with Telenor South Asia Investments to acquire the latter's India operations, Telenor Communications Private Limited or Telenor India. The move will allow Airtel to further bolster its strong spectrum footprint in these seven circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band. Also, Airtel will also be able to expand its user... Read More
In the backdrop of the Children’s Day, Telenor India has started a new initiative of educating school students about life insurance. Insurance service providers Shriram Life and MicroEnsure are the partners in this venture. As a part of this initiative, the employees of Telenor India distribute pencils to students in all circles and also distribute leaflets explaining the significance of life insurance. According to the company, Telenor will reach to... Read More
Telenor India has deployed e-KYC based SIM activation facility across its six circles, announces the company. Now the e-KYC facility is available at 700 stores of Telenor. This will soon expanded to 2000 stores by the end of November. Speaking at the launch of the e-KYC facility, Upanga Dutta, Chief Marketing Officer, Telenor India said, “We are very excited about rolling out e-KYC as this heralds a new era of... Read More
Norway-based Telenor Group’s India unit has reported to 4 billion Norwegian krone or Rs 3,262 crore operating loss in the third quarter, widened from NOK 373 million a year earlier, hurt by impairment charges and write-downs worth 4.1 billion Norwegian krone, the company said in a statement. The losses come at a time when the company’s future in India is uncertain as it looks for sale of operations or merger... Read More
Telenor India has revised its app with new features, making the services more seamless for the subscribers. With the new app, Telenor customers can recharge without registrations, inquire about their balance, get customized offers and plans, view last five transactions, and manage multiple Telenor accounts. Telenor app is free to download and there is no data charges on the activities done through the app. Commenting on the launch of new app,... Read More
Telenor India, a smaller GSM telecom operator, is reportedly looking at merging its data business with Goldman Sachs-owned Tikona Digital, which offers broadband services to home and business customers and had lately started providing 4G services in a few cities such as Varanasi. According to an ET Now report, the talks between these companies are revolving around just the data business, and Telenor’s oice business may be kept out of... Read More
Telenor India today announced the launch of a pilot to deliver high speed 4G services for its customers in Warangal. The pilot in Warangal follows the successful test pilot of Telenor’s 4G services across its 6 circles in Varanasi, Vizag, Amravati, Agra, Anand, Lucknow, Ranchi, Vijayawada, Tenali, Eluru, Bhimavaram and Dhanbad. With this Telenor has moved a step closer to its ambition of Internet for All and becoming the preferred... Read More
Telenor India, today announced the appointment of Anil Kumar as the Circle Business Head (CBH) of UP-West. He has been associated with Telenor since 2009 in various roles at Circle and Corporate Office and was instrumental in setting up Telenor operations in India. Announcing the appointment, Sharad Mehrotra, CEO, Telenor India said "Anil is a seasoned sales professional and a competent leader. I am confident of his strong business understanding... Read More
Telenor India has posted an operating loss of NOK 132 million or Rs 105 crore in the second quarter of the current fiscal. The operating loss has widened from NOK 90 million or Rs 71.3 crore in the same period of last year. Telenor, in a statement, said that the operating profit was negatively impacted by NOK 224 million in impairments and write-downs, but offset by lower depreciations following the impairment... Read More
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Girish Gowda | BengaLuru :
I'll keep recharging until they close shop. It will be a long time till they go away. They will keep…
KMB must have learnt some good lessons by their partnership. The vf leadership is good at script writing and story…
I think Airtel might hide Rs.79 recharge for 4G smart phones to gain ARPU soon.
No they are looters not allowed in 19 pack.
Marketing Manager knows better than KM Birla as they are waiting for salaries..