Bharti Airtel to buy Telenor India

Bharti Airtel on Thursday agreed to acquire 100% of Telenor's Indian operation, a deal that enables the former to strengthen its competitive position in seven key telecom circles, and the latter to retreat from a market in the grip of an intense price war.Bharti Airtel will take over Telenor's spectrum, subscribers, licences and operations, including its employees. Telenor India currently has 44 million customers across the circles of Andhra Pradesh…read more on TotalTele.com »