Airtel to Buy Telenor India

New Delhi headquartered telecom service provider Bharti Airtel will acquire Telenor’s India operations in a no-cash deal. However, it will take on the latter’s spectrum liabilities toward the government amounting to nearly $240 million, (Rs 1,600 crore) payable in installments till 2026. The Airtel-Telenor deal is subject to regulatory approvals,...

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