Airtel idea jio

Airtel will not make any cash payment for Telenor’s India unit but will take on Rs 1,600 crore future liability towards spectrum licence fee and mobile tower rentals. - Sakshi Post

Airtel Buying Telenor India To Ward Off Jio Threat 

Feb 23, 2017
India’s largest telecom operator Bharti Airtel on Thursday announced acquisition of Norwegian Telenor’s India unit in the latest consolidation move in an industry.
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