Bharti Airtel Re16 billion acquisition of Tikona Digital Networks

Overview:

• Bharti Airtel (Airtel) has agreed to acquire Tikona Digital Networks (Tikona) for Re16 billion.
• Airtel acquired the 4G business of Tikona along with the BWA Spectrum and 350 sites, in five telecom circles.
• Airtel is India's largest telecommunications services provider and a global telecommunications company with operations in 17 countries across Asia and Africa.
• Tikona provides broadband and internet services.

Wai Yee Tsang - Journalist