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DoT approves Bharti Airtel, Tata Teleservices merger

07 Feb 2020 Evaluate

The Department of Telecom (DoT) has approved the merger of Tata Teleservices’ (TTSL) consumer mobile business with Bharti Airtel. The DoT through its letter dated February 6, 2020 has conveyed approval of the competent authority in DoT for taking on record demerger of consumer mobile business undertaking of the company into Bharti Airtel.

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

Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1700.60
Railtel Corp. India 268.65
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