Mon, Mar 06, 2017
As per the agreement, Bharti will acquire Telenor India's operations in seven circles, including the transfer of all assets (including spectrum) and customers. These seven circles are - Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), UP (West) and Assam.
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Fri, Feb 24, 2017
Though, the deal will still be credit positive, but, any unexpected adverse regulatory developments in any of Bharti's key markets will be negative for the rating.
Thu, Feb 23, 2017
It said for Bharti, benefits from additional spectrum assets will offset the spectrum liabilities taken over.
Telenor India’s operations and services will continue as normal until the completion of the transaction, the press release said.
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