Airtel-Tata merger on cards: Bharti Airtel in talks with Tata Group to combine DTH biz of Bharti Telemedia, Tata Play | Stock Market News
Source: Live Mint
“We wish to submit that Bharti Airtel Limited (‘Airtel’) and TATA Group are in bilateral discussions to explore a potential transaction to achieve a combination of TATA Group’s Direct To Home (‘DTH’) business housed under Tata Play Limited, with Bharti Telemedia Limited, a subsidiary of Airtel, in a structure acceptable to all parties. The above is at a discussion stage only.”
