Sunday, 19 August 2018

Bharti Airtel calls off Loop Mobile deal

By Mary Lennighan, Total Telecom
Wednesday 05 November 14

Indian telco unable to proceed with takeover due to lack of regulatory clearance.

Bharti Airtel this week cancelled plans to acquire Loop Mobile on the grounds that the proposed deal did not get regulatory approval. "Under the agreements executed with Loop Mobile, the transaction was conditional upon DoT [Department of Telecommunications] approvals which even as of today has not been received…

Bharti Airtel this week cancelled plans to acquire Loop Mobile on the grounds that the proposed deal did not get regulatory approval. "Under the agreements executed with Loop Mobile, the transaction was conditional upon DoT [Department of Telecommunications] approvals which even as of today has not been received…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry