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In 2015, eleven companies received In-principle approval from the Reserve Bank of India to set up Payments Bank under the guidelines for Licensing of Payments Bank. [6]On 11 April 2016, Airtel Payments Bank became the first company to receive the Payments Bank license from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949.
Bharti Airtel Lanka (Pvt) Ltd is a subsidiary of Bharti Airtel Limited. Bharti Airtel has been featured in Forbes Asia's Fab 50 list, rated amongst the best-performing companies in the world in the BusinessWeek IT 100 list 2007, and voted as India's most innovative company in a survey by The Wall Street Journal. [citation needed]
Bharti Telecom (BTL), is a holding company of Bharti Airtel with Bharti Enterprises and SingTel owning 50.56 percent and 49.44 percent, respectively, in BTL, which in turn owns 35.80 percent of Bharti Airtel. [7] Bharti Airtel is the third largest mobile operator in the world, in subscriber base, and has a presence across 18 countries. [8]
In May 2008, Bharti Airtel, an India-based telecommunications company, explored the possibility of buying MTN Group. [13] Reliance Communications was also in talks with MTN for a "potential combination of their businesses". [14] [15] In July, the two companies ended discussions regarding the merger. [16]
Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices deriving its name from NTT Docomo who invested in the company in 2008. In October 2017, Bharti Airtel announced a merger deal with Tata Teleservices and the acquisition of Tata Docomo. [3]
Bharti Infratel Limited was an Indian telecommunications infrastructure company that provided telecom infrastructure such as telecom towers, fiber networks and other related infrastructure. [4] Headquartered in Gurugram, Haryana, the company was established by Bharti Airtel in July 2007 by spinning-off its mobile towers to a new wholly-owned ...
After the failed merger deal with Reliance, Aircel had considered merging with Bharti Airtel, whose chairman Sunil Mittal had stated in November 2017, that Airtel "was open to acquisition talks". As of December 2017 [update] , Aircel was under a debt of around ₹ 16,000 crore (US$1.8 billion).
The brand is operated by several subsidiaries of Bharti Airtel, with Bharti Hexacom and Bharti Telemedia providing broadband fixed line services and Bharti Infratel providing telecom passive infrastructure service such as telecom equipment and telecom towers. [3] [4] Currently, Airtel provides 5G, 4G and 4G+ services all over India. Currently ...