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Bharti Airtel likely to buy Loop Mobile

Bharti Airtel is in talks to buy out Mumbai-based Loop Mobile in a deal that will give the telecom major about 3 million customers.Loop has debt of Rs 400 crore, which is likely to be included in final deal size. While Loop and Airtel declined to comment, sources privy to the negotiations said that Loop was in talks to sell both its mobile and tower business. Loop holds 8 MHz of spectrum in the premium...
Source : Business Today |
Category : Business

Bharti Airtel signs definitive agreement with Loop Mobile

Bharti Airtel rose 0.68% to Rs 340.60 at 13:09 IST on BSE after the company announced the signing the definitive agreement with Loop Mobile (India).With reference to the earlier announcement dated February 18, 2014 titled 'Airtel and Loop Mobile announce agreement to create Mumbai's largest mobile network',Ltd has announced that the Company has signed the definitive agreement with Loop Mobile (India)...
Source : Indiainfoline |
Category : Business

Airtel to buy Loop Mobile for Rs 750 cr

Bharti Airtel is in talks to buy out Mumbai-based Loop Mobile in a deal that will give the telecom major about 3 million customers. Loop Mobile, which owns a mobile telephony licence for the Mumbai circle, is in negotiations with Bharti Airtel and other telecom firms to sell its business in a Rs 750 crore deal.Loop Mobile has debt of Rs 400 crore, which is likely to be included in final deal size.While...
Source : Morungexpress |
Category : Business | City : National

Bharti Airtel signs definitive agreement with Loop Mobile

company had in February announced that it would buy the business and assets of Loop Mobile in Mumbai under a strategic agreement."With reference to the earlier announcement dated February 18, 2014 titled 'Airtel and Loop Mobile announce agreement to create Mumbai's largest mobile network', Bharti Airtel Ltd has now informed the BSE that the Company has signed the definitive agreement with Loop Mobile...
Source : Business Today |
Category : Business | City : New Delhi

Bharti Airtel in pact to buy loop

Bharti Airtel has got into a pact to acquire a loop mobile. Sources tells to CNBC-TV18 that this deal is valued at Rs 700 crore out of which Rs 400 crore will be use by Loop to repay the debt and rest of the money will go the promoters.has got into a pact to acquire Loop mobile. Sources tells to CNBC-TV18 that this deal is valued at Rs 700 crore out of which Rs 400 crore will be used by Loop to repay...
Source : Moneycontrol |
Category : NFO

Vodafone Restricts Calls From Loop Users to its Network

Vodafone India has blocked incoming calls from Loop Mobile customers to its network in Mumbai for non-payment of interconnection charges.As per sectoral regulator Trai, a mobile operator on whose network a call originates has to pay charges to the telecom company on whose network the call terminates."Incoming calls from Loop mobile are temporarily restricted, due to non-payment of interconnect dues...
Source : Ndtv |
Category : Others | City : New Delhi

Vodafone restricts calls from Loop users to its network

Vodafone India has blocked incoming calls from Loop Mobile customers to its network in Mumbai for non-payment of interconnection charges.As per sectoral regulator Trai, a mobile operator on whose network a call originates has to pay charges to the telecom company on whose network the call terminates."Incoming calls from Loop mobile are temporarily restricted, due to non-payment of interconnect dues...
Source : Hindustan Times |
Category : Business | City : Delhi

How to Get Ringtones on Your Phone

ringtones on your phone? Find out how to get ringtones on your...
Source : Howstuffworks |
Category : Others

Bharti Airtel likely to buy Loop Mobile: report

Bharti Airtel, India's largest telecom firm, is in talks to buy out Mumbai-based Loop Mobile in a deal that will give the telecom major about 3 million customers, according to sources.Loop, which owns a mobile telephony licence for the Mumbai circle, is in negotiations with Airtel and other telecom firms to sell its business in a Rs 750-crore deal.Loop Mobile has debt of Rs 400 crore, which is likely...
Source : Ndtv |
Category : Others | City : New Delhi

Airtel likely to buy Loop Mobile

harti Airtel is in talks to buy out Mumbai-based Loop Mobile in a deal that will give the telecom major about 3 million customers.Loop, which owns a mobile telephony licence for the Mumbai circle, is in negotiations with Airtel and other telecom firms to sell its business in a Rs 750-crore (Rs 7.5-billion) deal.Loop Mobile has debt of Rs 400 crore (Rs 4 billion), which is likely to be included in final...
Source : Rediff |
Category : Business
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