Airtel to acquire Telenor India

Airtel logo

Airtel today announced that it has agreed to acquire Telenor India. As part of the agreement, Airtel will acquire Telenor India’s running operations in seven circles – Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam, and transfer of all of Telenor India’s assets including spectrum, licenses and operations, including its employees and customer base of 44 million as well as outstanding spectrum payments and other operational contracts, including tower lease. Continue reading “Airtel to acquire Telenor India”