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Bharti Airtel close to buying Tikona’s 4G spectrum

Bharti Airtel close to buying Tikona’s 4G spectrum

Saturday, March 18, 2017, 9:36 AM

Bharti Airtel Ltd is in final stages of talks with Tikona Digital Networks Pvt. Ltd to buy the latter’s 4G spectrum, as India’s largest telecom company seeks to increase its capacity to offer data services to customers. Deal would be another step in process of consolidation set off by aggressive pricing strategy of Reliance Jio Infocomm Ltd, which entered the telecom industry in September.
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