Jio Effect: Bharti Airtel Buys Telenor Ahead Of Voda Idea Merger

India’s largest telecom operator Bharti Airtel informed the bourses on Thursday that it will acquire Telenor India assets. The move comes at a time when new entrant Reliance Jio has acquired 100 million users and the market is awaiting response on a potential Vodafone- Idea merger. 

Bharti Airtel didn’t divulge the financials of the Telenor India acquisition in its filing with Bombay Stock Exchange. The acquisition is also subject to regulatory approvals. 

The agreement underlines our commitment to lead India’s digital revolution by offering world class and affordable telecom services through a robust spectrum portfolio spread across multiple bands.


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