The Competition Commission of India (CCI) has approved the proposed merger of Telenor India with Bharti Airtel. The two companies signed the agreement for the merger in February 2017, under which Airtel will acquire Telenor India’s running operations in seven circles – Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West), and Assam. These circles represent a high population concentration and, therefore, offer a high potential for growth. The proposed acquisition will include the transfer of all of Telenor India’s assets and customers, further augmenting Airtel’s overall customer base and network. It will also enable Airtel to further bolster its strong spectrum footprint in these seven circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band – widely known as 2G spectrum, but is now being used for 4G services as well.

 


 

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