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Bharti Airtel in initial talks to buy Aircel’s 4G airwaves: Report

07 Oct 2015 Evaluate

In a bid to expand its high-speed broadband footprint and close the gap with Reliance Jio Infocomm, Bharti Airtel has reportedly held initial talks to buy Aircel’s 4G airwaves in the 2300 Mhz band.

The development comes as the country's top GSM telcos Airtel, Vodafone India and Idea Cellular brace for a bitter battle for higher-paying data subscribers with Jio, which is set to launch 4G services in December.

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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