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Airtel open to acquisition talks with Aircel: Sunil Mittal

Jio's 'long, free promotional period' caused telecom firms to write-off investments worth close to $50 billion, Bharti Airtel Chairman Sunil Mittal alleged

Sunil Mittal
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Sunil Mittal | Photo: ICC WBO Twitter

BS Web Team New Delhi
With the debt-laden telecom sector still facing the disruption caused by Reliance Jio's entry into the market last year, Bharti Airtel Chairman Sunil Mittal has said that his company would be open to a possible acquisition of Aircel. 

In an interview with Economic Times, Mittal spoke on a gamut of topics: From accusing Jio of causing a $50-billion write-off of investments by telcos so far to the likelihood of acquiring Aircel. 

Here are the highlights of Mittal's interview: 

1) Ready to talk to Aircel: Speaking to the financial daily, Mittal said that Airtel was open to acquisition talks with