Airtel To Buy Loop Mobile, Will Gain Millions of Subscribers
Advertisement
Advertisement
Advertisement
The real figures of the deal are not clear, but industry specialists are putting a number of Rs 700 crore on it. For the ailing
Airtel and Vodafone have been increasing their subscriber base rapidly and leaving the rest of the pack behind quickly. The next step in the evolution cycle, which is acquisition of smaller players such as Loop Mobiles made perfect sense. However, with the acquisition Airtel needs to improve 3G and voice services in sectors such as Delh/NCR and Mumbai, which have not been at their best lately.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member