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Bharti Airtel, Hughes Communications India to combine VSAT operations

07 May 2019 Evaluate

Bharti Airtel and Hughes Communications India have decided to combine their VSAT (Very Small Aperture Terminal) satellite communications operations in India. The transaction is subject to approvals by relevant authorities.

Hughes will have majority ownership in the combined entity, while Airtel will have a significant shareholding.

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

Peers
Company Name CMP
Bharti Airtel 1829.20
Vodafone Idea 14.50
Indus Towers 386.00
Tata Communications 1700.80
Railtel Corp. India 267.70
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