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Bharti Airtel in talks with Axiata to merge their operations in Bangladesh

10 Sep 2015 Evaluate

Bharti Airtel, India's largest telecom service provider, has entered into an exclusive discussion with Axiata Group Berhad (Axiata) to explore the possibility of combining the business operations of their telecommunication subsidiaries in Bangladesh; namely, Robi Axiata and Airtel Bangladesh. There is no certainty that this discussion will lead into the execution of binding definitive agreements between the parties.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.


Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 13.84
Indus Towers 377.50
Tata Communications 1732.70
Railtel Corp. India 260.40
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