Tata Teleservices to merge with Airtel

tata-airtelIndia leading mobile service provider AIRTEL makes its 7th acquisition in 5 years. Tata Teleservices to merge with Airtel.

Tata Docomo will always be remembered for changing the ‘per-minute’ game to ‘per-second’ in India. Over 6,000 Tata employees who will join Airtel and spectrum liabilities will now be Airtel’s concern.

Over 40 Million Tata Docomo customers to join Airtel & benefit from 4G Mobile network with fall back on its 3G & 2G ecosystem.

Chairman, Tata sons N Chandrasekaran in a statement said, ” we believe today’s agreement is the best and most optimal solution for teh Tata Group and its stakeholders. Finding the right home for our longstanding customers and our employees have been the priority for us. We have evaluated multiple options and are pleased to have this agreement with Bharathi”.