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Bharti Airtel founder warns of Indian price war

2016-03-10 01:00:00| Total Telecom industry news

Sunil Mittal believes Reliance Jio Infocomm will bring lower prices and further consolidation as market shrinks to five operators.

Tags: price war indian founder

 

Airtel, Axiata to merge operations in Sri Lanka - report

2016-02-11 13:43:00| Telecompaper Headlines

(Telecompaper) Indian mobile operator Bharti Airtel is in talks to merge its Sri Lanka unit into Dialog Axiata. The transactions involves a share-swap deal, ET reports, citing two unnamed people familiar with the matter. A potential Airtel Lanka-Dialog Axiata merger will be similar to the recent merger of Bharti Airtel and Axiata's telecom units in Bangladesh. Axiata will be the dominant shareholder and Airtel a strategic minority holder in the combined entity, the same sources added.

Tags: report operations sri lanka

 
 

Bharti Airtel, Axiata in Sri Lanka merger talks

2016-02-11 01:00:00| Total Telecom industry news

Report claims proposed deal will have structure similar to recently-agreed Bangladesh tie-up.

Tags: sri lanka sri lanka talks

 

Axiata, Airtel to merge operations in Bangladesh

2016-01-29 10:37:00| Telecompaper Headlines

(Telecompaper) Axiata Group and Bharti Airtel have signed a definitive agreement to merge their Bangladesh units, namely Robi Axiata and Airtel Bangladesh. Following the completion of the merger, the combined entity operating as Robi will serve nearly 40 million customers. Upon completion, Axiata will hold a 68.3 percent controlling stake in the combined entity, while Airtel will own a 25 percent. The remaining 6.7 percent stake will be held by the existing shareholder NTT Docomo of Japan.

Tags: operations bangladesh merge airtel

 

Airtel Digital TV adds 530,000 subscribers in 4Q 2015

2016-01-28 12:00:37| Digital TV News

Bharti Airtel has announced results for the third quarter ended December 31, 2015. As on December 31, 2015, the Company had 11.1 million customers, which represents an increase of 13.2% in comparison with the corresponding quarter last year.

Tags: digital adds subscribers airtel

 

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