Monday, 2 January 2017

Airtel interested in buying telenor india for 350 millions

According to the latest report, telenor india going to stop their services in india shortly and airtel india interested in buying the telenor indian bussiness for about 350 millions. Telenor india has only limmited to only few circles and they where not participated in the spectrum auction conducted in 2016. This shows that the telenor is stopping the bussiness in india shortly.

They have more than 4000 crore debts for to pay to government and other financial institutions. So the offer kept by airtel will be a good offer for telenor . The meeting has been called to discuss about the topic by airtel. Currently Telenor has about 53 millions of customers and have 4g services in about 27 towns.
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