Bharti Airtel on Tuesday said that funding the proposed merger with South African telecom major MTN was not a major issue. The last time the company had initiated talks with MTN in 2008, it had received offers from...
MTN bid won’t trigger open offer by MTN for Bharti’s shares
The proposed deal between Bharti Airtel and MTN will not violate the foreign direct investment norms. At the same time, as the deal is not a pure acquisition, but getting completed under a scheme, a company source said...
Bharti-MTN deal may be biggest M&A in India’s history
The proposed $23-billion mega deal between Bharti Airtel and South Africa’s MTN would be the biggest ever M&A transaction involving an Indian company. The potential value of the Bharti Airtel-MTN deal, which...
Bharti, MTN set to ring new $23-b merger tone
Bharti Airtel Ltd and South Africa’s MTN Group have restarted merger talks to create a $20-billion (in revenue terms) emerging markets telecom entity, a year after previous talks broke down over who would control...
Bharti open to acquiring domestic operators
Bharti Airtel on Friday said that it was open to acquiring domestic telecom operators as part of its strategy to add another 100 million subscribers in three years. The company, which today touched the 100-million mark...
SEBI wants Bharti to clarify on stake hike
The Securities and Exchange Board of India has sought clarifications from Bharti Group on whether the company has violated its norms by increasing promoter’s stake in Bharti Airtel from 60.91 per cent to 67...
Digital Ace: Vijay Shekhar Sharma, CEO, PayTM
In the fast growing digital payments and mobile commerce platform in the country, PayTM has created a mark for itself under the leadership of Vijay Shekhar Sharma. He started the company in 2010 in Noida, which is...
RCom gets nod to buy Sistema Shyam
Reliance Communications (RCom) on Thursday said it had received a go-ahead from the stock exchanges to acquire Sistema Shyam Teleservices Ltd (SSTL), which operates under the MTS brand. “We wish to inform you that we...
Reliance Jio can acquire 80 mn 4G users in 2 years: CLSA
KOLKATA: Reliance Jio Infocomm is slated to acquire 80 million 4G customers in the next two years, with more than half expected to switch over from India’s top three carriers, Bharti Airtel, Vodafone India and...
Vodafone India in talks to buy Tikona Digital Networks’ 4G spectrum
NEW DELHI: Vodafone India is said to be in early talks with Tikona Digital Networks for buying its 4G spectrum as the country’s no. 2 mobile phone operator tries to expand its high-speed broadband footprint ahead...
Next-gen Ambanis take charge at Jio soft launch
Mukesh Ambani finally introduced his much-anticipated fourth-generation wireless broadband services – Reliance Jio – on Sunday, restricting it only for the company’s employees for now. While a full...
RCom, Aircel in talks to merge wireless biz
Reliance Communications on Tuesday said it had entered into a 90-day non-binding exclusivity period with Maxis Communications Berhad and Sindya Securities and Investments, shareholders of Aircel, to consider potential...