Bharti Airtel completes merger of Tata Tele's consumer mobile businesses

Experts believe the move will lead to better network utilization, as spectrum will now be with Bharti Airtel along with enhanced customer base

Bharti Airtel and Bharti Hexacom on Monday announced the merger of the consumer mobile businesses (CMB) of Tata Teleservices (TTSL) and Tata Teleservices (Maharashtra) (TTML) with the two Bharti Group companies. This move spells better synergies and increased customer base for the country’s third-largest mobile service provider.

“Following the Telecom Disputes Settlement and Appellate Tribunal’s order directing the Department of Telecommunications to take the merger on record and approval of the schemes of arrangement by the National Company Law Tribunal (NCLT)-Delhi and NCLT-Mumbai, we are pleased to announce that the schemes of arrangement have become effective today i.e., July 1,