Bharti Airtel announced the completion of the acquisition of the consumer mobile businesses of Tata Teleservices (TTSL) and Tata Teleservices (Maharashtra) (TTML).
The development follows TDSAT’s order directing the DoT to take the merger on record and approval of the schemes of arrangement by NCLT, Delhi and NCLT, Mumbai.
All customers, assets, spectrum and agreed liabilities of the consumer mobile businesses of TTSL and TTML now stand merged with Airtel — effective July 1, 2019.
Tata Teleservices, according to the latest TRAI data, has 12.901 million subscribers on its mobile network across India.