\n
Post the merger, Axiata and Airtel will hold 68.7% and 25% stake, respectively, in the combined entity which will have around 32.2 million customers and operate under the Robi Axiata brand. The remaining 6.3% stake will be held by Japan’s NTT DoCoMo<\/a>, the Indian telco said in a statement Wednesday.
\n
\nThe merger is a part of Airtel's initiative to restructure operations in all markets where it trails one or more market leaders. The Indian market leader had entered Bangladesh by acquiring 70 per cent stake in Warid Telecom in 2010, which it raised to 100% in 2013.
\n
\nPrior to the merger, Airtel was the fourth largest in Bangladesh among six operators, while Robi Axiata was ranked No. 2.
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\nThe Sunil Mittal-led telco said the merger was completed following the fulfilment of the condition precedents to the agreement and filing of the merger order with the Registrar of Joint Stock Companies and Firms of Bangladesh Court on Wednesday.
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\nWednesday, Bharti Airtel’s shares rose 2.2% to Rs309.55 on the Bombay Stock Exchange, outperforming a flat broader market.
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\nAirtel said that the the combined entity “is well positioned to deliver an unparalleled portfolio of innovative mobile and broadband offerings at affordable rates with deep network coverage. It added that the merger strengthens the long-term sustainability of the Bangladesh telecoms landscape and business environment.
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\nThe merger will also secure faster nationwide rollout of mobile broadband as well as contribute significantly to the overall economy of the country, the telco said.
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\nBoth the companies first entered into an exclusive discussion to explore possibility of combining the business operations in Bangladesh on September 9, 2015, followed by an agreement on January 28 this year.
\n
\nEarlier in January, Bharti Airtel’s Managing Director and CEO (India and South Asia) Gopal Vittal had said that there was a compelling rationale for bringing together the strengths of both entities. He had then said that the combined entity will be well positioned to leverage the operational synergies to serve customers better.
\n
\nMoody's Investors Service said that the merger of Bharti Airtel and Axiata Group's telecom units in Bangladesh will be \"credit positive\" for both parent companies.
\n
\nIt added that the Robi-Airtel merged entity will be the largest spectrum holder in both 900 Mhz and 1800 Mhz bands with 12 units and 17 units of such airwaves respectively.<\/body>","next_sibling":[{"msid":55458086,"title":"Telenor India launches programme to educate students on life insurance","entity_type":"ARTICLE","link":"\/news\/telenor-india-launches-programme-to-educate-students-on-life-insurance\/55458086","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":55458163,"entity_type":"ARTICLE","title":"Bharti Airtel says merges Bangladesh subsidiary with Robi Axiata","synopsis":"Bharti Airtel on Wednesday said that it has merged its subsidiary Airtel Bangladesh with Robi Axiata Ltd., which is a unit of Axiata Group Berhad.","titleseo":"telecomnews\/bharti-airtel-says-merges-bangladesh-subsidiary-with-robi-axiata","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":229,"shares":0,"engagementtimems":907000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2016-11-16 18:03:34","lastupd":"2016-11-16 19:13:09","breadcrumbTags":["Bharti Airtel","NTT Docomo","industry","Bangladesh","Robi Axiata"],"secinfo":{"seolocation":"telecomnews\/bharti-airtel-says-merges-bangladesh-subsidiary-with-robi-axiata"}}" data-authors="[" danish khan"]" data-category-name="" data-category_id="" data-date="2016-11-16" data-index="article_1">
Bharti Airtel与Robi Axiata说孟加拉子公司合并
Bharti Airtel周三说,它合并子公司Airtel孟加拉国与罗比Axiata有限公司,这是一个单位Axiata集团有限公司。
新德里消息:Bharti Airtel合并的单位吗孟加拉国与Robi Axiata有限公司旗下的Axiata集团有限公司,此举将形成一个强大的第二大移动电话运营商在竞争激烈的手机市场由Telenor而格莱珉电话公司的这次发行单位。
合并后,Axiata Airtel将持有68.7%和25%的股份,分别在合并后的实体将有大约3220万客户和操作下Robi Axiata品牌。剩余的6.3%的股份将由日本举行NTT DoCoMo印度电信周三在一份声明中说。
合并是Airtel的主动调整业务的一部分在所有市场落后于一个或多个市场领导者。印度市场领导者已进入孟加拉国2010年通过收购Warid电信70%的股份,2013年提高到100%。
合并前,Airtel在孟加拉国第四大6运营商,而罗比Axiata位居第二。
Sunil Mittal-led电信表示,合并完成后的满足条件的先例的协议和文件合并顺序与股份公司的注册和公司孟加拉法院周三。
周三,Bharti Airtel的股价上涨2.2%,至Rs309.55孟买证交所,优于大致持平。
Airtel表示,合并后的实体“合理定位提供一个无与伦比的组合创新的移动和宽带产品以可承受的利率与深刻的网络覆盖。它补充说,孟加拉电信合并加强长期可持续性景观和商业环境。
合并还将获得更快的全国推广,移动宽带以及整体经济的贡献显著,电信说。
两公司第一次进入排他性讨论探索可能性相结合的业务操作在孟加拉国9月9日2015年,紧随其后的是今年1月28日达成协议。
1月早些时候,Bharti Airtel的董事总经理兼首席执行官(印度和南亚)Gopal Vittal曾经说过,有一个令人信服的理由结合双方的优势实体。他说,合并后的实体将会将杠杆经营增效为客户更好的服务。
穆迪投资者服务公司表示,Bharti Airtel的合并和Axiata集团电信单位在孟加拉国将母公司的“信用积极”。
它补充说,Robi-Airtel合并后的实体将最大频谱持有者在900 Mhz和1800 Mhz频带等12个单位和17个单位分别电波。
合并后,Axiata Airtel将持有68.7%和25%的股份,分别在合并后的实体将有大约3220万客户和操作下Robi Axiata品牌。剩余的6.3%的股份将由日本举行NTT DoCoMo印度电信周三在一份声明中说。
合并是Airtel的主动调整业务的一部分在所有市场落后于一个或多个市场领导者。印度市场领导者已进入孟加拉国2010年通过收购Warid电信70%的股份,2013年提高到100%。
合并前,Airtel在孟加拉国第四大6运营商,而罗比Axiata位居第二。
Sunil Mittal-led电信表示,合并完成后的满足条件的先例的协议和文件合并顺序与股份公司的注册和公司孟加拉法院周三。
周三,Bharti Airtel的股价上涨2.2%,至Rs309.55孟买证交所,优于大致持平。
Airtel表示,合并后的实体“合理定位提供一个无与伦比的组合创新的移动和宽带产品以可承受的利率与深刻的网络覆盖。它补充说,孟加拉电信合并加强长期可持续性景观和商业环境。
合并还将获得更快的全国推广,移动宽带以及整体经济的贡献显著,电信说。
两公司第一次进入排他性讨论探索可能性相结合的业务操作在孟加拉国9月9日2015年,紧随其后的是今年1月28日达成协议。
1月早些时候,Bharti Airtel的董事总经理兼首席执行官(印度和南亚)Gopal Vittal曾经说过,有一个令人信服的理由结合双方的优势实体。他说,合并后的实体将会将杠杆经营增效为客户更好的服务。
穆迪投资者服务公司表示,Bharti Airtel的合并和Axiata集团电信单位在孟加拉国将母公司的“信用积极”。
它补充说,Robi-Airtel合并后的实体将最大频谱持有者在900 Mhz和1800 Mhz频带等12个单位和17个单位分别电波。
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