Coping with Reliance Jio? AZB leads on Bharti Airtel acquisition of Telenor India

After the news of the Vodafone-Idea merger talks came out, Bharti Airtel has gone ahead and signed an agreement with Telenor South Asia Investments to acquire Telenor India.

All this recent consolidation in the telecom industry is the result of the threat these telecom companies are facing from the aggressive entry of Mukesh Ambani’s Reliance Jio.

The cost of Telenor's acquisition is still under finalisation. However, according to Facebook Comment