E-PaperAirtel Tata Tele Deal News
Govt may tell Tata Tele to settle dues before Tata Communications deal
Tata Teleservices owes the government, which holds 26% stake in Tata Communications, Rs10,000 crore in spectrum charges and licence fee dues
2 min read28 May 2018Tata Sons sells TCS shares worth Rs9,000 crore to pare debt
Tata Sons will use the proceeds from the TCS stake sale to pay creditors of its wireless division, Tata Telecommunications
1 min read13 Mar 2018Tata Sons to sell TCS stake worth $1.25 billion to pay debt
Tata Sons will sell 28.27 million shares, or 1.48% stake, in TCS at Rs2,872 to Rs2,925 apiece, according to the terms of the transaction
1 min read13 Mar 2018Telecom a money guzzler, even Tata had to gift it away: Anil Ambani
If it is the mighty Tata had to gift their telecom business to Airtel, then very little has to be said about other corporate groups, RCom chairman Anil Ambani says
2 min read26 Dec 2017Telecom enters final phase of consolidation as RCom exits
Once the RCom asset sale is completed, Aircel will be the sole remaining small telecom firm in India amid giants Reliance Jio, Airtel and the Vodafone-Idea combine
3 min read27 Dec 2017Airtel board clears ‘scheme’ for takeover of Tata Teleservices business
Bharti Airtel board approves an arrangement for takeover of consumer mobile business of Tata Teleservices, in a deal involving issue of equity and preference shares
1 min read20 Dec 2017Trai asks DoT to make M&A process easier for telecom firms
The telecom sector is witnessing consolidation, what with the Idea-Vodafone merger and Airtel announcing three M&A deals to buy Tikona, Telenor and Tata Teleservices's mobile telehony business
1 min read1 Dec 2017Airtel-Tata Tele deal gets CCI approval
Airtel's acquisition of Tata Teleservices's mobile business now needs approval of Sebi, NCLT, the telecom department and stock exchanges
1 min read16 Nov 2017News in Numbers: Bharti Airtel will acquire 40 million subscribers after Tata Tele deal
The Bharti Airtel-Tata Tele deal is a major step towards further consolidation in the telecom sector, which is beset with many problems
3 min read13 Oct 2017Airtel deal will help Tata Sons save Rs7,000-8,000 crore: CFO Saurabh Agarwal
Tata Sons CFO Saurabh Agarwal explains the rationale behind the cash-free, debt-free deal with Airtel for Tata Teleservices’s mobile telephony business
3 min read13 Oct 2017Popular Topics
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