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Bharti Airtel completes acquisition of shares of Tikona Digital Networks

29 Aug 2017 Evaluate

Bharti Airtel has completed the proposed acquisition of shares of Tikona Digital Networks. With the said acquisition of shares, Tikona Digital Networks has become a wholly owned subsidiary of the company. The transaction for the trading of the spectrum in Rajasthan circle is still pending for approval from the DoT.

Bharti Airtel is a leading integrated telecommunications company with operations 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 1817.00
Vodafone Idea 14.26
Indus Towers 381.50
Tata Communications 1693.20
Railtel Corp. India 263.70
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