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Bharti Airtel concludes acquisition of Telenor India

15 May 2018 Evaluate

Bharti Airtel and Telenor South Asia Investments have completed their transaction, wherein, Airtel has acquired the operations of Telenor (India) Communications (Telenor India). The transaction has received all regulatory and statutory approvals.

As a next step, Airtel will begin integrating Telenor India’s operations across seven circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.

With the completion of this transaction, Airtel’s total mobile customer base in India now stands at over 330 million, further cementing its leadership position.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

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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