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Bharti Airtel concludes acquisition of Augere

17 Feb 2017 Evaluate

Bharti Airtel has completed the merger of Augere Wireless Broadband India (Augere), a wholly owned subsidiary with itself. Last year in August, the company had signed a definitive agreement to acquire 100 percent equity stake in Augere.

Augere is engaged in the business of operating, supplying, managing, dealing and using communication, telecommunication service, telecommunication system etc. as also carrying on the business in the field of providing broadband wireless service, internet service, telecommunication etc. 

Bharti Airtel is a leading integrated telecommunications company with operations in 18 countries across Asia and Africa. The company ranks amongst the top 3 mobile service providers globally in terms of subscribers.


Peers
Company Name CMP
Bharti Airtel 1960.70
Jio Platforms 1402.00
Vodafone Idea 11.88
Indus Towers 380.30
Tata Communications 1690.40
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