Bharti Airtel Limited ( (IN:BHARTIARTL) ) has provided an update.
Bharti Airtel Limited announced that it has ended discussions with TATA Group regarding a potential merger of TATA Group’s Direct To Home (DTH) business, housed under Tata Play Limited, with Bharti Telemedia Limited, a subsidiary of Bharti Airtel. The decision to terminate the talks was mutual, as both parties could not reach a satisfactory resolution, impacting the potential consolidation in the telecommunications and DTH sectors.
More about Bharti Airtel Limited
Bharti Airtel Limited is a prominent player in the telecommunications industry, offering a range of services including mobile, broadband, and digital TV. The company is part of Bharti Enterprises and is focused on expanding its market presence in India and beyond.
YTD Price Performance: 16.04%
Average Trading Volume: 249,776
Current Market Cap: 10554.1B INR
See more data about BHARTIARTL stock on TipRanks’ Stock Analysis page.