Joint Press Statement From Bharti Airtel And Tata Teleservices

July 3, 2019 Praveen Business Comments Off on Joint Press Statement From Bharti Airtel And Tata Teleservices
Joint Press Statement From Bharti Airtel And Tata Teleservices

This announcement is regarding the merger of the Consumer Mobile Businesses of Tata Teleservices Limited (TTSL) and Tata Teleservices (Maharashtra) Limited (TTML) into Bharti Airtel Limited and Bharti Hexacom Limited (Airtel).

Following the Hon’ble TDSAT’s order directing the DOT to take the merger on record and approval of the schemes of arrangement by Hon’ble NCLT, Delhi and Hon’ble NCLT, Mumbai, we are pleased to announce that the schemes of arrangement have become effective today i.e. 1st July 2019. Consequently, all customers, assets, spectrum and agreed liabilities of the Consumer Mobile Businesses of TTSL and TTML now stand merged with Airtel.

 

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