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DoT okays Airtel-Telenor merger; here is how the deal unfolded

All customers of Telenor India would shift to Airtel

DoT approves merger of Airtel and Telenor; here is how the deal unfolded
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Kiran Rathee New Delhi
The department of telecommunications (DoT) has approved the merger of Bharti Airtel and Telenor India. 

All customers of Telenor India would become part of Airtel’s. The latter will get 43.4 MHz of spectrum in the 1,800 MHz band from Telenor. 

This comes a few days after the Supreme Court dismissed DoT’s petition against telecom tribunal TDSAT asking the government to clear the merger without insisting on a bank guarantee of about Rs 15 billion from Airtel for one-time spectrum charges — this was for holding of spectrum beyond 4.4 MHz. 

A DoT notification said with approval of the merger,