\"While consolidation activity is positive for the industry<\/a> in the long-term, we still expect competition to remain intense over the next 12-18 months as leading operators -- like Bharti, Vodafone India<\/a> and Reliance Jio<\/a> Infocomm Limited - look to protect and grow market share,\" it said.
READ MORE: RCom’s Aircel merger collapse credit negative: Moody’s<\/a> <\/strong>
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Bharti Airtel<\/a> announced last week that it is acquiring the consumer mobile business of Tata Teleservices<\/a> Limited and Tata Teleservices Maharashtra<\/a>.
\n\n\tBharti will take over Tata's mobile operations in 19 circles, including the transfer of all assets (including spectrum) and customers, on a debt-free cash-free basis.
\"The acquisition will strengthen Bharti's spectrum holdings and add around 40 million subscribers to the company's leading market position in India's highly competitive mobile telecommunications<\/a> market, a credit positive,\" Moody's Vice President and Senior Credit Officer, Annalisa Di Chiara, said.
\nChiara added: \"This is a non-cash deal and although Bharti will take over a small portion of deferred spectrum payments we do not expect it will have a material effect on the company's consolidated leverage.\"\n<\/body>","next_sibling":[{"msid":61100735,"title":"Airtel-Tata deal beneficial but raises integration risk: S&P","entity_type":"ARTICLE","link":"\/news\/airtel-tata-deal-beneficial-but-raises-integration-risk-sp\/61100735","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"61101485","title":"tata-tele-services-agencies","entity_type":"IMAGES","seopath":"telecomnews\/telecom-sector-competition-to-remain-intense-over-12-18-mths-moodys\/tata-tele-services-agencies","category_name":"Telecom sector competition to remain intense over 12-18 mths: Moody's","synopsis":"Bharti Airtel announced last week that it is acquiring the consumer mobile business of Tata Teleservices Limited and Tata Teleservices Maharashtra.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-9624\/61101485.cms?width=150&height=112","link":"\/image\/telecom-sector-competition-to-remain-intense-over-12-18-mths-moodys\/tata-tele-services-agencies\/61101485"}],"msid":61101484,"entity_type":"ARTICLE","title":"Telecom sector competition to remain intense over 12-18 mths: Moody's","synopsis":"Bharti will take over Tata's mobile operations in 19 circles, including the transfer of all assets (including spectrum) and customers, on a debt-free cash-free basis.","titleseo":"telecomnews\/telecom-sector-competition-to-remain-intense-over-12-18-mths-moodys","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-10-16 15:23:51","lastupd":"2017-10-17 09:34:02","breadcrumbTags":["tata teleservices","Airtel","tata teleservices maharashtra","maharashtra","industry","telecom sector","reliance jio","bharti airtel","Vodafone India","mobile telecommunications"],"secinfo":{"seolocation":"telecomnews\/telecom-sector-competition-to-remain-intense-over-12-18-mths-moodys"}}" data-news_link="//www.iser-br.com/news/telecom-sector-competition-to-remain-intense-over-12-18-mths-moodys/61101484">