M&A Critique
Airtel-Telenor-Merger-Cover-Image-Outside

AIRTEL acquires Telenor

Bharti Airtel is engaged in the business of providing global telecommunications with operations in 17 countries across Asia and Africa. In India, the Transferee Company products Offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH, Enterprise services including national and international long distance services to carriers.

TELENOR HISTORY

Telenor India is ultimately owned by Telenor ASA, a global telecom company with direct presence in 13 countries. Telenor India currently provides mobile services in six telecom circles (Andhra Pradesh, Assam, Bihar, Gujarat, Uttar Pradesh (East and West) and Maharashtra) in India with a subscriber base of over 54.3 million as of December 2016. In addition, Telenor India has 1800 MHz spectrum in Assam.

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Hiteshkumar Jain