Epic Update : Bharti Airtel

Bharti Airtel is in discussion to acquire Mumbai-based Loop Mobile. The deal will give the telecom major around 3 million customers of Loop Mobile. Loop, which owns a mobile telephony licence for the Mumbai circle, holds 8 megahertz of spectrum in the premium 900 MHz band, which as per latest base price, is valued at Rs 2,624 crore.



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Posted in: Indian Market Tips