MUMBAI: Bharti Airtel<\/a> on Thursday said it has signed a definitive agreement with Telenor<\/a> South Asia Investments Pte Ltd to acquire Telenor (India) Communications Private Ltd. 孟买:Bharti Airtel周四表示,已签署了一份最终协议Telenor南亚投资私人有限公司收购Telenor私人有限公司(印度)通信。
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The acquisition is subject to requisite regulatory approvals, said Airtel<\/a> in a joint statement.
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\"The transaction will not trigger any impairment. As of fourth quarter 2016, the remaining value of tangible and intangible assets in Telenor India<\/a> amounted to NOK 0.3 billion,\" the companies said.
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\nET has first reported about the Airtel-Telenor merger.<\/a>
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\nAccording to the agreement, Airtel and Telenor India will merge and Airtel will take over Telenor India as soon as all necessary approvals are received.
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\n\"As part of the agreement, Airtel will take over outstanding spectrum payments and other operational contracts, including tower lease,\" the companies added.
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\nAirtel will acquire Telenor India’s running operations in seven circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.
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\n\"These circles represent a high population concentration and therefore offer a high potential for growth,\" thr statement said.
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\nThe proposed acquisition will include 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 spectrum foot-print in these seven circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band.
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\nThe statement said that Airtel will ensure quality services to Telenor India’s customers, while offering them the added benefits of its innovative product portfolio, access to superior voice & data services, mobile banking, VAS and domestic\/ international roaming facilities. Telenor India’s operations and services will continue as normal until the completion of the transaction.
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Gopal Vittal<\/a>, Managing Director and CEO (India and South Asia), Bharti Airtel, said, “On completion, the proposed acquisition will undergo seamless integration, both on the customer as well as the network side, and further strengthen our market position in several key circles”
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\nVittal added that the acquisition of additional spectrum through this transaction, which made an attractive business proposition, has further enhanced their already solid spectrum portfolio. The proposed transaction will also create substantial long term value for its shareholders given the significant synergies.
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Sigve Brekke<\/a>, Chief Executive Officer of Telenor Group<\/a>, said, “We believe today’s agreement is in the best interest of our customers, employees and Telenor Group. Finding a long term solution to our India business has been a priority for us, and we are pleased with our agreement with Airtel. The decision to exit India has not been taken lightly. After thorough consideration, it is our view that the significant investments needed to secure Telenor India’s future business on a standalone basis will not give an acceptable level of return.”
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\n\n<\/p><\/body>","next_sibling":[{"msid":57304477,"title":"Only 14 banks ready to get linked with Aadhaar Pay","entity_type":"ARTICLE","link":"\/news\/only-14-banks-ready-to-get-linked-with-aadhaar-pay\/57304477","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57304495,"entity_type":"ARTICLE","title":"Sunil Mittal-driven Bharti Airtel to buy Telenor India<\/b>","synopsis":"The acquisition is subject to requisite regulatory approvals, said Airtel in a joint statement. The companies did not specify the value of the transaction.","titleseo":"telecomnews\/sunil-mittal-driven-bharti-airtel-to-buy-telenor-india","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-02-23 08:51:25","lastupd":"2017-02-23 09:32:01","breadcrumbTags":["Airtel","industry","Bharti Airtel","Telenor","Telenor group","Sigve Brekke","Gopal Vittal","Telenor India","Airtel-Telenor merger"],"secinfo":{"seolocation":"telecomnews\/sunil-mittal-driven-bharti-airtel-to-buy-telenor-india"}}" data-authors="[" devina sengupta"]" data-category-name="" data-category_id="" data-date="2017-02-23" data-index="article_1">
此次收购是必要的监管批准,说附近的旅馆在一份联合声明。
“事务不会触发任何障碍。2016年第四季度,有形资产和无形资产的剩余价值Telenor印度nokia 03亿,”该公司说。
首次报道了Airtel-Telenor合并。
根据协议,Airtel和Telenor印度将合并Airtel将接管Telenor印度一旦收到所有必要的批准。
“作为协议的一部分,Airtel将接管杰出频谱支付和其他操作合同,租赁,包括塔”的公司补充道。
Airtel将收购Telenor印度在七圈的运行操作——安得拉邦,比哈尔邦,马哈拉施特拉邦、古吉拉特邦(东),(西方)和阿萨姆邦。
“这些圆圈表示一个高人口集中,因此提供了一个高的增长潜力,”刺声明说。
收购将包括转让Telenor印度所有的资产和客户,进一步增加Airtel的整体客户基础和网络。它还将启用Airtel进一步增强其频谱本文在这七个领域,外加43.4 MHz 1800 MHz频段频谱。
Airtel将确保质量服务的声明说Telenor印度的客户,提供额外的好处,其创新的产品组合,获得卓越的语音和数据服务,手机银行、血管和国内/国际漫游设施。Telenor印度的正常运营和服务将继续,直到事务完成。
塔·Vittal董事总经理兼首席执行官(印度和南亚),Bharti Airtel说,“在收购完成,将进行无缝集成,同时在客户以及网络方面,并进一步加强我们的市场定位在几个关键圈”
Vittal补充说,收购额外频谱通过这笔交易,这使一个有吸引力的商业命题,已经进一步增强他们坚实的光谱组合。拟议的交易也将为它的股东创造可观的长期价值巨大的协同效应。
Sigve布莱克的首席执行官挪威电讯集团说:“我们认为今天的协议是我们客户的最佳利益,员工和Telenor组。找到一个长期的解决方案,我们的印度业务优先考虑我们,我们很高兴与Airtel与我们的协议。决定退出印度并没有掉以轻心。经过全面的考虑,我们认为,重要的投资需要安全Telenor印度未来的业务在一个独立的基础上不会给一个可接受的水平的回报。”
MUMBAI: Bharti Airtel<\/a> on Thursday said it has signed a definitive agreement with Telenor<\/a> South Asia Investments Pte Ltd to acquire Telenor (India) Communications Private Ltd.
\n
The acquisition is subject to requisite regulatory approvals, said Airtel<\/a> in a joint statement.
\n
\"The transaction will not trigger any impairment. As of fourth quarter 2016, the remaining value of tangible and intangible assets in Telenor India<\/a> amounted to NOK 0.3 billion,\" the companies said.
\n
\nET has first reported about the Airtel-Telenor merger.<\/a>
\n
\nAccording to the agreement, Airtel and Telenor India will merge and Airtel will take over Telenor India as soon as all necessary approvals are received.
\n
\n\"As part of the agreement, Airtel will take over outstanding spectrum payments and other operational contracts, including tower lease,\" the companies added.
\n
\nAirtel will acquire Telenor India’s running operations in seven circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.
\n
\n\"These circles represent a high population concentration and therefore offer a high potential for growth,\" thr statement said.
\n
\nThe proposed acquisition will include 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 spectrum foot-print in these seven circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band.
\n
\nThe statement said that Airtel will ensure quality services to Telenor India’s customers, while offering them the added benefits of its innovative product portfolio, access to superior voice & data services, mobile banking, VAS and domestic\/ international roaming facilities. Telenor India’s operations and services will continue as normal until the completion of the transaction.
\n
Gopal Vittal<\/a>, Managing Director and CEO (India and South Asia), Bharti Airtel, said, “On completion, the proposed acquisition will undergo seamless integration, both on the customer as well as the network side, and further strengthen our market position in several key circles”
\n
\nVittal added that the acquisition of additional spectrum through this transaction, which made an attractive business proposition, has further enhanced their already solid spectrum portfolio. The proposed transaction will also create substantial long term value for its shareholders given the significant synergies.
\n
Sigve Brekke<\/a>, Chief Executive Officer of Telenor Group<\/a>, said, “We believe today’s agreement is in the best interest of our customers, employees and Telenor Group. Finding a long term solution to our India business has been a priority for us, and we are pleased with our agreement with Airtel. The decision to exit India has not been taken lightly. After thorough consideration, it is our view that the significant investments needed to secure Telenor India’s future business on a standalone basis will not give an acceptable level of return.”
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":57304477,"title":"Only 14 banks ready to get linked with Aadhaar Pay","entity_type":"ARTICLE","link":"\/news\/only-14-banks-ready-to-get-linked-with-aadhaar-pay\/57304477","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57304495,"entity_type":"ARTICLE","title":"Sunil Mittal-driven Bharti Airtel to buy Telenor India<\/b>","synopsis":"The acquisition is subject to requisite regulatory approvals, said Airtel in a joint statement. The companies did not specify the value of the transaction.","titleseo":"telecomnews\/sunil-mittal-driven-bharti-airtel-to-buy-telenor-india","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-02-23 08:51:25","lastupd":"2017-02-23 09:32:01","breadcrumbTags":["Airtel","industry","Bharti Airtel","Telenor","Telenor group","Sigve Brekke","Gopal Vittal","Telenor India","Airtel-Telenor merger"],"secinfo":{"seolocation":"telecomnews\/sunil-mittal-driven-bharti-airtel-to-buy-telenor-india"}}" data-news_link="//www.iser-br.com/news/sunil-mittal-driven-bharti-airtel-to-buy-telenor-india/57304495">
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