National Company Law Tribunal approves Airtel-Telenor merger

Posted on:04 Aug 2017 11:18:20
National Company Law Tribunal approves Airtel-Telenor merger
04 August 2017 Current Affairs: The National Company Law Tribunal (NCLT) approved the proposed merger between Bharti Airtel and Telenor India.

Airtel covers its spectrum in all seven circles namely Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.

It also covers Telenor India’s outstanding spectrum payments of some Rs1,650 crore and other operational contracts, including tower leases with Bharti Infratel and Indus Towers.
The National Company Law Tribunal (NCLT) approved the proposed merger between Bharti Airtel and Telenor India.

Airtel covers its spectrum in all seven circles namely Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.

It also covers Telenor India’s outstanding spectrum payments of some Rs1,650 crore and other operational contracts, including tower leases with Bharti Infratel and Indus Towers.

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